Cullumber Company purchased machinery on January 1, 2017, for $85,600. The machinery is estimated to have a salvage value of $8,560 after a useful life of 8 years.

Compute 2017 depreciation expense using the straight-line method.

Depreciation expense

$

Compute 2017 depreciation expense using the straight-line method assuming the machinery was purchased on September 1, 2017.

Depreciation expense

$

Coronado Company purchased machinery on January 1, 2017, for $89,600. The machinery is estimated to have a salvage value of $8,960 after a useful life of 8 years.

Compute 2017 depreciation expense using the sum-of-the-years'-digits method.

Depreciation expense

$

Coronado Company purchased machinery on January 1, 2017, for $89,600. The machinery is estimated to have a salvage value of $8,960 after a useful life of 8 years.

Compute 2017 depreciation expense using the sum-of-the-years'-digits method.

Depreciation expense

$