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In recent years, Pina Colaa Company has purchased three machines. Because o department, a different accountant was in charge of selecting the depreciation method for
In recent years, Pina Colaa Company has purchased three machines. Because o department, a different accountant was in charge of selecting the depreciation method for each machine, and various been used. Information concerning the machines is summarized in the table below. For the declining-balance method, Pina Colada Company uses the double-declining rate. For the units-of-activity method machine hours are expected to be 38,000 . Actual hours of use in the first 3 years were 2021,600;2022,4,200; and 2023 Compute the amount of accumulated depreciation on each machine at December 31, 2023. \begin{tabular}{ll} & Accumulated depreciation \\ MACHINE 1 & $ \\ MACHINE 2 & $ \\ MACHINE 3 $ \end{tabular} 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
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