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

In recent years, Tamarisk 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

$ 97,200 $ 13,000 8 Straight-line

2

July 1, 2021

89,500 10,000 5 Declining-balance

3

Nov. 1, 2021

86,000 8,000 6 Units-of-activity

For the declining-balance method, Tamarisk Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 39,000. Actual hours of use in the first 3 years were 2021, 700; 2022, 4,300; and 2023, 7,400.

Question: Compute the amount of accumulated depreciation on each machine at December 31, 2023.

Accumulated depreciation

MACHINE 1

$ enter the amount of accumulated depreciation in dollars

MACHINE 2

$ enter the amount of accumulated depreciation in dollars

MACHINE 3

$ enter the amount of accumulated depreciation in dollars

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