In recent years, Farr 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

Acquired

Cost

Salvage Value

Useful Life (in years)

Depreciation Method

One Jan 1 2012 124000 29500 9 Straight line

TwoJuly 1 2013 71000107005 Declining Balance

Three Nov 1 2013 802206620 6 Units of activity

Question:

Compute the amount of accumulated depression on each machine at December 1, 2015.

Accumulated Depreciation at December 31.

MACHINE ONE=

MACHINE TWO=

MACHINE THREE=

QUESTIONS TWO:

If machine 2 was purchased on April 1 instead of July 1, what would be the depreciation expense for this machine in 2013? In 2014?

Depreciation Expense

2013=

2014=