9/12 Time: Date: method Innecent years, Crane Corporation has purchased three machines. Because of frequent employee turnover in the accounting department a different accountant was in for each machine, and various methods have been used. Information change of selecting the depreciation concerning the machines is summarised in the table below. Machine Acquired Useful life Cost in years) 51100,700 $12,000 Residual value 1 2 83, 750 5 9,430 6,470 3 58,495 6 Jan 1, 2022 - Depreciation method July 7, 2023 straight line Diminishing-balance Nov. 1, 2023 Units of production Fore the diminishing, balance method, erane Corporation uses double the straight line rate Fore the units-of-production method, total machine hours are expected to be 22, 750. Actual hours of use in the first 3 years were: 2023, 420; 2024, 4,240, and 2005, 5,500. (a) Prepare sepanate depreciation schedules for each machine. Prepare the schedule for all yeans , in formation permitting. (Round depreciation one unit to 2 decimal places , eg. 5.20 and answers fo the nearest whole dollar , eg: 5285. Do not leave any auswen field blank. Enten o for amounts) machine 1: Straight line depreciation Machine 2... Duniuishing-halane depreciatim machine 3: Units-of-production depreciation