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P 1 0 - 2 B In recent years, Darnell Company purchased three machines. Because of heavy turnover in the accounting department, a different accountant

P10-2B In recent years, Darnell Company purchased three machines. Because of heavy turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and each selected a different method. Information concerning the machines is summarized below. Machine Acquired Cost Salvage Value Life in Years Method 11/1/12 $105,000 $ 5,00010 Straight-line 21/1/13180,00010,0008 Declining-balance 31/1/15125,00015,0006 Units-of-activityFor the declining-balance method, the company uses the double-declining rate. For theunits-of-activity method, total machine hours are expected to be 25,000. Actual hours ofuse in the first 3 years were 2015,2,000; 2016,4,500; and 2017,5,500.Instructions(a) Compute the depreciation expense on each machine for 3 years and show what the balance of accumulated depreciation would be at the end of year 3.

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