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Crane Company purchased a new machine on October 1, 2025, at a cost of $116,100. The company estimated that the machine has a salvage
Crane Company purchased a new machine on October 1, 2025, at a cost of $116,100. The company estimated that the machine has a salvage value of $7,020. The machine is expected to be used for 108,000 working hours during its 10-year life. Compute depreciation using declining-balance using double the straight-line rate for 2025 and 2026. (Round answers to 2 decimal places, eg 2,152.75.) 2025 Depreciation using the declining-balance method $ $ eTextbook and Media. Calculate the depreciation cost per hour. (Round answer to 2 decimal places, e.g. 1.25.) Depreciation cost per hour $ 2026 Compute depreciation using units-of-activity for 2025, assuming machine usage was 500 hours. (Round answer to O decimal places, Calculate the depreciation cost per hour. (Round answer to 2 decimal places, e.g. 1.25.) Depreciation cost per hour $ Compute depreciation using units-of-activity for 2025, assuming machine usage was 500 hours. (Round answer to O decimal places, eg. 5,275.) Depreciation using the units-of-activity method for 2025 $ eTextbook and Media
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