In recent years, Cullumber Company has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant in charge of selecting the depreciation method for each machine, and various methods have been used. Information concerning the machines is summarized in the ta below. Machine Salvage Value Useful Life (in years) Depreciation Method Straight-line Acquired Cost Jan 1, 2020 $132,000 July 1, 2021 72,000 Nov. 1, 2021 79.000 $32,000 11.400 9.000 10 5 Declining balance Units-of-activity For the declining balance method, Cullumber 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: 2021,620, 2022.5,000, and 2023,6,200. Your answer is correct. Compute the amount of accumulated depreciation on each machine at December 31, 2023. MACHINE 1 MACHINE 2 MACHINE 3 40000 51264 Accumulated Depreciation at December 31s 5 S Your answer is correct. Compute the amount of accumulated depreciation on each machine at December 31, 2023. MACHINE 1 MACHINE 2 MACHINE 3 Accumulated Depreciation at December 31 $ 40000 $ 51264 23640 e Textbook and Media 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 2021? In 2022? 2021 2022 Depreciation Expenses