In recent years, Wildhorse 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, 2022 July 1, 2023 Nov. 1, 2023 Cost $94,500 92,500 70,400 Residual Value $11,300 9.970 5,660 Useful Life (in years) 5 5 6 Depreciation Method Straight-line Diminishing-balance Units-of-production For the diminishing-balance method, Wildhorse Corporation uses double the straight-line rate. For the units-of-production method, total machine hours are expected to be 24.900. Actual hours of For the diminishing-balance method, Wildhorse Corporation uses double the straight-line rate. For the units-of-production method, total machine hours are expected to be 24,900. Actual hours of use in the first 3 years were: 2023, 370; 2024, 4,600; and 2025, 4,960. 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 End of Year Calculation Depreciation Rate # of months Depreciation Expense Accumulated Depreciation % $ $ $ % % % % Question 4 of 7