Exercise 9-3 a-b (Part Level Submission) Cullumber Ltd. purchased a new machine on April 4, 2014, at a cost of $156,000. The company estimated that the machine would have a residual value of $14,000. The machine is expected to be used for 10,000 working hours during its four-year life. Actual machine usage was 1,500 hours in 2014; 2,400 hours in 2015; 2,000 hours in 2016; 2,200 hours in 2017; and 1,900 hours in 2018. Cullumber has a December 31 year end. (a) Your answer is partially correct. Try again. 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. X 2014 expense 23667.67 2015 expense 35500 $ 2016 expense 35500 2017 expense 35500 2018 expense 11833.33 (2) Diminishing-balance using double the straight-line rate for 2014 through to 2018. x 2014 expense 52000 2015 expense 52000 2016 expense 26000 2017 expense 12000 X 2018 expense (3) Units-of-production for 2014 through to 2018. 2014 expense 23400 2015 expense 37440 X 2016 expense 31200 X 2017 expense 34320 X 2018 expense 15640