Ch09|Plant Assets Depreciation DuPage Company purchases a factory machine at a cost of 618,000 on January 1, 2014. DuPage expects the machine to have a residual value of 2,000 at the end of its 4 -year useful life. During its useful life, the machine is expected to be used 160,000 hours. Actual annual hourly use was 2014, 40,000;2015,60,000;2016,35,000; and 2017,25,000. Instructions Prepare depreciation schedules for the following methods: (a) straight-line, (b) units-ofactivity, and (c) declining-balance using double the straight-line rate. a) Straight-line depreclation schedule - Purchased on 1" lanvary 2014 b) Unit of Activity depreciution schedule - Purchased on 1e lanuary 2014 c) Declining Balance depreclation schedule - Purchased on 1th lanuary 2014