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Crane Ltd. purchased a new machine on April 4, 2014, at a cost of $172,000. The company estimated that the machine would have a residual

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Crane Ltd. purchased a new machine on April 4, 2014, at a cost of $172,000. The company estimated that the machine would have a residual value of $16,000. The machine is expected to be used for 10,400 working hours during its four-year life. Actual machine usage was 1,400 hours in 2014; 2,100 hours in 2015;2,300 hours in 2016;2,400 hours in 2017; and 2,200 hours in 2018. Crane has a December 31 year end. (a) 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, e.g. 5,275.) (1) Straight-line for 2014 through to 2018. 2014 expense $ 2015 expense $ 2016 expense $ 2017 expense $ 2018 expense $ (2) Diminishing-balance using double the straight-line rate for 2014 through to 2018. 2014 expense $ 2015 expense $ 2016 expense $ 2017 expense $ 2018 expense $ (3) Units-of-production for 2014 through to 2018. 2014 expense $ $ $ 2015 expense 2016 expense $ 2017 expense $ 2018 expense $ $ eTextbook and Media

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