In recent years, Cullumber 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 1 2 3 Acquired Jan 1, 2015 July 1, 2016 Nov. 1. 2016 Cost $128.500 81.500 76,800 Salvage Value $18.500 11.300 6,800 Useful Life in years) 10 5 7 Depreciation Method Straight-line 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: 2016, 670: 2017.3,600; and 2018, 4.900. - Your answer is partially correct Compute the amount of accumulated depreciation on each machine at December 31, 2018 MACHINE 1 MACHINE 2 MACHINE 3 Accumulated Depreciation at December 31 $ 44000 30430 $ 18340 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 $ 2208 42250