In recent years, Oriole Corporation 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 Residual Value Useful Life (in years) Depreciation Method 1 Jan. 1, 2022 $91,000 $12,700 5 Straight-line 2 July 1, 2023 86,250 9,250 5 Diminishing-balance 3 Nov. 1, 2023 58,287 6,330 6 Units-of-production For the diminishing-balance method, Oriole Corporation uses double the straight-line rate. For the units-of-production method, total machine hours are expected to be 22,590. Actual hours of use in the first 3 years were: 2023, 420; 2024, 4,370; and 2025, 4,950.