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In recent years, Oriole 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. Salvage Value Useful Life (in years) Machine Acquired Cost 1 Jan 1, 2015 $132,500 $52,500 8 Depreciation Method Straight-line Declining-balance Units-of-activity 2 July 1, 2016 91.000 11,800 5 3 Nov. 1, 2016 71.900 7.900 6 For the declining balance method, Oriole Company uses the double-declining rate. For the units of activity method, total machine hours are expected to be 32.000. Actual hours of use in the first 3 years were: 2016, 680; 2017,6,400; and 2018,7,600. Your answer is correct. Compute the amount of accumulated depreciation on each machine at December 31, 2018. MACHINE 1 MACHINE 2 MACHINE 3 Accumulated Depreciation at December 31 40.000 64,792 $ 29360 eTextbook and Media X Your answer is incorrect. If machine 2 was purchased on April 1 instead of July 1, what would be the depreciation expense for this machine in 2016? In 2017? 2016 2017 Depreciation Expense $ e Textbook and Media