Current Attempt in Progress In recent years, Novak Company has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and various methods have been used. Information concerning the machines is summarized in the table below. Machine Useful Life (in years) 8 1 Acquired Jan. 1, 2020 July 1, 2021 Nov. 1, 2021 Salvage Value $ 14,000 10,000 8,000 Cost $ 98,400 90,500 152,000 Depreciation Method Straight-line Declining-balance Units-of-activity 2 5 3 6 For the declining-balance method, Novak Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 48,000. Actual hours of use in the first 3 years were 2021, 1,000; 2022, 4,100; and 2023, 8,300. (a2) Compute the amount of accumulated depreciation on each machine at December 31, 2023. Accumulated depreciation MACHINE 1 $ MACHINE 2 $ MACHINE 3 e Textbook and Media