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In recent years, Dobbs company has purchased three machines. because of a bad employee named wates in the accounting department a different accountant was hired

In recent years, Dobbs company has purchased three machines. because of a bad employee named wates in the accounting department a different accountant was hired to take charge of selecting the depreciation method for each . information concerning ghe machines is summarized in table below. image text in transcribed
recent years, Dobbs Company has purchased three machines. Because of a bad employee named Wares in the accounting department different countant was hired to take charge of selecting the depreciation method for each machine. Information concerning the machines is summarized in the table below. Machine Aequired Cost Jan. 1. 2019 Oct. 1, 2020 Nov. 1. 2020 596,000 $80,000 $66,000 Salvage Value $12,000 $10,000 $ 6,000 Useful Life Depreciation (in years) method 12 Straight-line 5 Double-Declining Balance 6 Units-of-Activity For the units-of-activity method total machine hours are expected to be 30,000. Actual hours of use in the first 3 years were: 2020, 800, 2021,4,100and 2022, 7.000. Instructions: A) Compute the amount of accumulated depreciation on each machine at December 31, 2022 B) If machine 2 was purchased on April 1 instead of October 1, what would be the depreciation expense for this machine in 2020? In 2021? wybright 000000000 000000000 GOO90000 000000

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