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Exercise 11-5 Your answer is partially correct. Try again. Robert Parish Corporation purchased a new machine for its assembly process on August 1, 2017. The

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Exercise 11-5 Your answer is partially correct. Try again. Robert Parish Corporation purchased a new machine for its assembly process on August 1, 2017. The cost of this machine was $117,900. The company estimated that the machine would have a salvage value of $12,900 at the end of its service life. Its life is estimated at 5 years, and its working hours are estimated at 21,000 hours. Year-end is December 31. Compute the depreciation expense under the following methods. Each of the following should be considered unrelated. (Round depreciation rate per hour to 2 decimal places, e.g. 5.35 for computational purposes. Round your answers to o decimal places, e.g. 45,892.) 875 (a) Straight-line depreciation for 2017 (b) Activity method for 2017, assuming that machine usage was 800 hours (c) Sum-of-the-years'-digits for 2018 (d) Double-declining-balance for 2018 2800 393

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