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Carla Vista Ltd. purchased a new machine on April 4, 2017, at a cost of $160,000. The company estimated that the machine would have a

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Carla Vista Ltd. purchased a new machine on April 4, 2017, at a cost of $160,000. The company estimated that the machine would have a residual value of $16,000. The machine is expected to be used for 10,000 working hours during its four-year life. Actual machine usage was 1,500 hours in 2017; 2,200 hours in 2018; 2,200 hours in 2019; 2,200 hours in 2020; and 1,900 hours in 2021. Carla Vista has a December 31 year end. (a) Your answer is partially correct. Calculate depreciation for the machine under each of the following methods: (Round expense per unit to 2 decimal places, e.g. 2.75 and final answers to 0 decimal places, eg. 5,275.) (1) Straight-line for 2017 through to 2021. 2017 expense $ 60000 2018 expense $ 37500 2019 expense 4687 $ $ 2020 expense 2021 expense $ (2) Diminishing-balance using double the straight-line rate for 2017 through to 2021. 2017 expense 2018 expense $ 2019 expense TA 2020 expense A LA 2021 expense $ (3) Units-of-production for 2017 through to 2021. 2017 expense $ 2018 expense $ 2019 expense $ 2020 expense $ 2021 expense $

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