On January 1, 2020, Flounder Company purchased the following two machines for use in its production process. Machine A: The cash price of this machine was $39,000. Related expenditures included: sales tax $1,800, shipping costs $150, insurance during shipping $70, installation and testing costs $70, and $200 of oil and lubricants to be used with the machinery during its first year of operations. Flounder estimates that the useful life of the machine is 5 years with a $4,350 salvage value remaining at the end of that time period. Assume that the straight-line method of depreciation is used. Machine B: The recorded cost of this machine was $180,000. Flounder estimates that the useful life of the machine is 4 years with a $9,950 salvage value remaining at the end of that time period.

Calculate the amount of depreciation expense that Flounder should record for Machine B each year of its useful life under the following assumptions. (Round depreciation cost per unit to 2 decimal places, e.g. 12.25. Round final answers to 0 decimal places, e.g. 2,125.) (1) (2) (3) Flounder uses the straight-line method of depreciation. Flounder uses the declining-balance method. The rate used is twice the straight-line rate. Flounder uses the units-of-activity method and estimates that the useful life of the machine is 111,875 units. Actual usage is as follows: 2020, 47,000 units; 2021, 33,000 units; 2022, 19,000 units; 2023, 12,875 units. Depreciation Expense 2021 2022 2020 2023 Straight-line method Declining-balance method Units-of-activity method $ $ Click if you would like to Show Work for this question: Open Show Work