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In recent years, Splish Brothers Company has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was in

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In recent years, Splish Brothers 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 1 Jan. 1,2020 $99.100 $12,500 8 Straight-line 2 July 1, 2021 91.500 11.000 5 Declining-balance 3 Nov. 1, 2021 101,500 7.500 Units-of-activity For the declining-balance method, Splish Brothers Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 47,000. Actual hours of use in the first 3 years were 2021, 900; 2022, 4,000; and 2023,8,200. (a1) Your answer is correct. For Bus #3, calculate depreciable cost per mile under units-of-activity method. Depreciable cost $ 20 per mile Compute the amount of accumulated depreciation on each machine at December 31, 2023. Accumulated depreciation MACHINE 1 $ 43300 MACHINE 2 $ 65148 MACHINE 31 $ 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 Depreciation expense (2) 2022

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