Calculate the accumulated depreciation and carrying amount of each asset on December $31,2023.$

Machine $1$

Machine $2$

Accumulated depreciation

Carrying amount

eTexthonk and Media

Question $2$ of $8$

$\frac{0\mathrm{.}33}{1},$vdots$-=$

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Crane Inc., reported the following information about two of its machines as at December $31,2023.$ The new controller of the company Wendy Weink, is proposing new estimates for the useful life and residual value of these machines for $2024.$

$\backslash$table$[[$Machine$,$Date Acquired,Cost,Original,Proposed,Original,Proposed$],[$#$1,$Jan. $1,2015,$$$775,500,20,25,$$$37,780,$$$64,246$