Machinery

	A	B	C	D
Orginal Cost	$46000	$51000	$80000	$80000
Years Purchased	2009	2010	2011	2013
Useful Life	10 years	15000 hours	15 years	10 years
Salvage Value	$ 3,100	$ 3,000	$ 5,000	$ 5,000
Depreciation Method	Sum-of-the-years-digits	Activity	Straight-line	Double-declining balance
Accum. Depre Through 2014	$31,200	$35,200	$15,000	$16,000

*In the year an asset is purchased, Eshkol, Inc. does not record any depreciation expense on the asset. In the year an asset is retired or traded in, Eshkol, Inc. takes a full years depreciation on the asset

The following transactions occurred during 2015.

(a) On May 5, Machine A was sold for $13,000 cash. The companys bookkeeper recorded this retirement in the following manner in the cash receipts journal. Cash 13,000 Machinery (Machine A) 13,000

(b) On December 31, it was determined that Machine B had been used 2,100 hours during 2015.

(c) On December 31, before computing depreciation expense on Machine C, the management of Eshkol, Inc. decided the useful life remaining from January 1, 2015, was 10 years.

(d) On December 31, it was discovered that a machine purchased in 2014 had been expensed completely in that year. This machine cost $28,000 and has a useful life of 10 years and no salvage value. Management has decided to use the double-declining-balance method for this machine, which can be referred to as Machine E.