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I only need help on part B. thank you (: In recent years, Blossom Company has purchased three machines. Because of frequent employee turnover in

I only need help on part B. thank you (: image text in transcribed
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In recent years, Blossom 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 Cost Salvage Value $27,000 10,600 Acquired Jan. 1, 2020 July 1, 2021 Nov. 1, 2021 Useful Life (in years) 10 5 1 Depreciation Method Straight-line Declining-balance Units-of-activity $137,000 91,500 78,500 2 3 8,500 6 For the declining balance method, Blossom Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 35,000. Actual hours of use in the first 3 years were: 2021,800; 2022,5,200, and 2023,6,900. (a) Your Answer Correct Answer Your answer is correct Compute the amount of accumulated depreciation on each machine at December 31, 2023. MACHINE 3 MACHINE 2 MACHINE 1 $ 65148 25800 44000 Accumulated Depreciation at December 31 MACHINE 1 MACHINE 2 MACHINE 3 Accumulated Depreciation at December 31 440.00 $ 65148 $ 25800 e Textbook and Media Solution Attempts: 3 of 3 used (b) If machine 2 was purchased on April 1 instead of July 1, what would be the depreciation expense for this machine in 2021? In 20222 2021 2022 Depreciation Expense e Textbook and Media Attempts: 0 of 3 used Submit Answer Save for Later

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