Buildings $$528,000$

Compute depreciation under different methods.

$($SO $3)$

P$10-2$B In recent years, Kannada Company purchased three machines. Because of heavy turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and each selected a different method. Information concerning the machines is summarized below.

$\backslash$table$[[$Machine$,$Acquired,Cost,$\backslash$table$[[$Salvage$],[$Value$]],\backslash$table$[[$Useful Life$],[$in Years$]],\backslash$table$[[$Depreciation$],[$Method$]]],[1,\frac{1}{1}\frac{?}{09},\frac{?}{\text{b}\text{a}\text{r}}($$$105,000),\frac{?}{\text{b}\text{a}\text{r}}($$$5,000),10,$Straight$-$line$],[2,\frac{1}{1}\frac{?}{10},150,000,10,000,8,$Declining$-$balance$],[3,\frac{11}{1}\frac{?}{12},100,000,15,000,6,$Units$-$of$-$activity$]]$

Problems: Set B $497$

For the declining$-$balance method, the company uses the double$-$declining rate. For the units$-$ofactivity method, total machine hours are expected to be $25,000.$ Actual hours of use in the first $3$ years were: $2012,2,000$;$2013,4,500$; and $2014,5,500.$

Instructions

$($a$)$ Compute the amount of accumulated depreciation on each machine at December $31,2012.$

$($a$)$ Machine $2,2011,$ $$28,125$

$($b$)$ If machine $2$ had been purchased on May $1$ instead of January $1,$ what would be the depreciation expense for this machine in $(1)2010$ and $(2)2011?$