In recent years, Carla Vista Co. 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, 2015 July 1, 2016 Nov. 1, 2016 Salvage Value $43.000 10,700 6,800 Cost $123,000 76,000 76.800 Depreciation Method Straight-line Declining-balance Units-of-activity 2 5 6 3 For the declining-balance method, Carla Vista Co. 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: 2016, 840; 2017,3,700; and 2018, 4,900. Your answer is incorrect. Compute the amount of accumulated depreciation on each machine at December 31, 2018. MACHINE 1 MACHINE 2 MACHINE 3 Accumulated Depreciation at December 31 $ $ 14592 $ e Textbook and Media X Your answer is incorrect. If machine 2 was purchased on April 1 instead of July 1, what would be the depreciation expense for this machine in 2016? In 2017? 2016 2017 Depreciation Expense 24450 $ 22820 eTextbook and Media Save for Later Attempts: 1 of 3 used Submit