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Calculate the amount of depreciation expense that Teal should record for Machine Beach year of its useful life under the following assumptions. (Round answers to

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Calculate the amount of depreciation expense that Teal should record for Machine Beach year of its useful life under the following assumptions. (Round answers to o decimal places 2,125. Round cost per unit to 2 decimal place, e.g. 1.25.) (1) (2) (3) Teal uses the straight-line method of depreciation Teal uses the declining balance method. The rate used is twice the straight-line rate. Teluses the units of activity method and estimates that the useful le of the machine is 140,820 units. Actual usage is as follows: 2017, 49,700 units 2018, 38.500 units: 2019. 29,610 units, 2020,23,010 units Straight line method R$ Declining balance method RS Units-of-activity method RS Which method used to calculate depreciation on Machine B reports the highest amount of depreciation expense In Year 1 (2017) In Year 4 (2020) Over the 4-year period CALCULATOR PRINTER VERSION BACK Question 1 On January 1, 2017. Teal SA purchased the following two machines for use in its production process Machine A: The cash price of this machine was R$ 47,200. Related expenditures included: sales tax R$3,000, shipping costs R$ 140, insurance during shipping R$ 70, installation and testing cost R$30, and R$190 of oil and lubricants to be used with the machinery during its first year of operations. Teal estimates that the useful life of the machine is 5 years with a R$5,000 residual value remaining at the end of that time period. Assume that the straight-line method of depreciation is used. The recorded cost of this machine was R$ 305,600. Teal estimates that the useful We of the machine is 4 years with a R$19,100 residual value remaining at the end of that time period. Machine B

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