Machine 1 (a) 2 3 Acquired Jan. 1, 2023 July 1, 2024 Nov. 1, 2024 Cost $129,000 76,000 66,100 Accumulated depreciation at December 31 Your answer is incorrect. Salvage Value $41,000 11,600 $ 6,100 Useful Life (in years) MACHINE 1 8 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 30,000. Actual hours of use in the first 3 years were: 2024, 610; 2025, 5,600; and 2026, 7,300. 5 44000 7 Compute the amount of accumulated depreciation on each machine at December 31, 2026. Depreciation Method Straight-line $ Declining-balance Units-of-activity MACHINE 2 54112 $ MACHINE 3 27020

For the declining-balanke method, Oriole Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 30,000 . Actual hours of use in the farst 3 vears were: 2024,610,2025,5,600, and 2026,7,300 (a) Compute the amount of accumulated depreciation on each machine at December 31,2026