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ASAP On June 15, 2017, a second-hand machine was purchased for $167.000. Before being put into service, the equipment was overhauled at a cost of

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On June 15, 2017, a second-hand machine was purchased for $167.000. Before being put into service, the equipment was overhauled at a cost of $16,200, and additional costs of $400 for direct material and $800 for direct labour were paid in fine-tuning the controls. The machine has an estimated residual value of $8,000 at the end of its five-year useful life. The machine is expected to operate for 100,000 hours before it will be replaced and is expected to produce 1.20 million units in this time. Operating data for the next six fiscal years are provided below. The company has an October 31 fiscal year end. Year Hours of Operation 10,000 2017 Units Produced 110,000 270,000 264,000 2018 20,000 2019 20,000 2020 20.000 310.000 2021 18,000 134,000 2022 12,000 112,000 Calculate the depreciation charges for each fiscal year under each of the following depreciation methods. (Round unit-of-output per unit to 4 decimal places, c.8. 15.2345 and Round other answers to 0 decimal places, c.8.5,275. 1. Straight-line method, Pro-rate June 2017 and 2022 to half a month, 2. Activity method: based on output Calculate the depreciation charges for each fiscal year under each of the following depreciation methods. (Round unit of output per unit to 4 decimal places, s. 15.2345 and Round other answers to decimal places, eg, 5,275.) 1. Straight line method. Pro-rate June 2017 and 2022 to halt a month 2. Activity method: based on output 3. Activity method based on input 4. Double declining balance method. Pro-rate June 2017 to half a month 5.CCA Class 8, 20% Straight-line method Activity method: based on output Activity method: based on input Double-declining-b method Year 2017 S $ 2018 2019 2020 2021 2022 What is the machine's carrying amount on the October 31, 2020 statement of financial position under the first four methods above? (Round answers to 0 decimal places, e.g. 5,275.) Carrying Amount Method Straight-line $ Activity method: output $ Activity methods input $ Declining balance $ Calculate the asset's tax value on October 31, 2020, assuming a CCA Class 8, with a rate of 20% (Round answer to 0 decimal places, e.g. 5,275.) The asset's tax value on October 31, 2020 $

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