In recent years, Pharoah 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 Cost Useful Life (in years) 8 1 Acquired Jan. 1, 2020 July 1, 2021 Nov. 1, 2021 Salvage Value $ 12,000 10,500 8,500 $ 95,600 87,500 106,500 Depreciation Method Straight-line Declining-balance Units-of-activity 2 5 3 6 For the declining-balance method, Pharoah Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 49,000. Actual hours of use in the first 3 years were 2021, 500; 2022, 4,200; and 2023, 8,400. (a 1) Your answer is correct. For Bus #3, calculate depreciable cost per mile under units-of-activity method. Depreciable cost ta 2 per mile eTextbook and Media Assistance Used Your answer is correct. Compute the amount of accumulated depreciation on each machine at December 31, 2023. Accumulated depreciation MACHINE 1 41800 MACHINE 2 $ 62300 MACHINE 3 $ 26200 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? (1) 2021 (2) 2022 Depreciation expense $ $