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Maserati Corporation purchased a new machine for its assembly process on August 1, 2015. The cost of this machine was 150,000. The company estimated that

Maserati Corporation purchased a new machine for its assembly process on August 1, 2015. The cost of this machine was 150,000. The company estimated that the machine would have a residual value of 24,000 at the end of its service life. Its life is estimated at 5 years, and its working hours are estimated at 21,000 hours. Year-end is December 31. Each of the following should be considered unrelated.

Compute the depreciation expense under the straight-line depreciation for 2015.
Depreciation expense

Compute the depreciation expense under the activity method for 2015, assuming that machine usage was 800 hours.
Depreciation expense

Compute the depreciation expense under the sum-of-the-years-digits for 2016. (Round answer to 0 decimal places, e.g. 5,275.)
Depreciation expense

Compute the depreciation expense under the double-declining-balance for 2016.
Depreciation expense

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