In recent years, Sunland 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

1

2

3

Acquired

Jan. 1, 2018

July 1, 2019

Nov. 1, 2019

Cost

$86,900

77,500

67.792

Residual

Value

$10,900

9,960

5,560

Useful Life (in years)

5

5

6

Depreciation Method

Straight-line

Diminishing-balance

Units-of-production

For the diminishing-balance method, Sunland Corporation uses double the straight-line rate. For the units-of-production method, total machine hours are expected to be 25,930. Actual hours of use in the first 3 years were: 2019, 420; 2020, 4,910; and 2021, 4,740.

Prepare separate depreciation schedules for each machine. Prepare the schedule for all years, information permitting. (Round depreciation per unit to 2 decimal places, e.g. 5.20 and answers to the nearest whole dollar, e.g. 5,275. Do not leave any answer field blank.

Enter O for amounts.)

Machine 1: Straight-line depreciation

In recent years, Sunland 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. For the diminishing-balance method, Sunland Corporation uses double the straight-line rate. For the units-of-production method, total machine hours are expected to be 25,930. Actual hours of use in the first 3 years were: 2019, 420; 2020, 4,910; and 2021, 4,740. Machine 3: Units-of-production depreciation