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 Residual Value Acquired Jan. 1, 2018 Cost $86,900 Useful Life (in years) 5 1 $10,900 Depreciation Method Straight-line Diminishing-balance Units-of-production 2. 77,500 9,960 5 July 1, 2019 Nov. 1, 2019 3 67,792 5,560 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, eg. 5.20 and answers to the nearest whole dollar, e.g. 5,275. Do not leave any answer field blank. Enter for amounts.) Machine 2: Diminishing-balance depreciation Calculation # of Carrying Amount Beg. of Year Depreciation Rate Depreciation Expense Year months 2019 77500 40 % 6/12 23250 2020 54250 40 % 12/12 V 21700 2021 32550 40 % 12/12 V 13020 2022 19530 40 % 12/12 V 7812 2023 11718 40 % 12/12 V 1758 End of Year Accumulated Depreciation Carrying Amount 23250 54250 44950 32550 57970 19530 60800 11718 76000 9960 Machine 3: Units-of-production depreciation Units-of- Production Calculation Depreciation Cost/Unit Depreciation Expense Year 2019 420 $ $ 2.4 $ 1008 2020 4910 2.4 11784 2021 4740 2.4 11376 End of Year Accumulated Depreciation Carrying Amount $ 1008 66784 12792 53992 24168 42616