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P10-2B In recent years, Darne turnover in the accounting department, a different accountant was in charge of selecting ll Company purchased three machines. Because of

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P10-2B In recent years, Darne turnover in the accounting department, a different accountant was in charge of selecting ll Company purchased three machines. Because of heavy depreciation method for each machine, and each selected a different method. Infor mation concerning the machines is summarized below Salvage Useful LifelDepreciation Machine Acquired CostValue in Years 1/1/12$105,000 5,000 11/1/15125,000 15,000 Method Straight-line Declining-balance Units-of-activity 10 180,00010,000 For the declining-balance method, the company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 25,000. Actual hours of use in the first 3 years were 2015, 2,000: 2016, 4,500; and 2017, 5,500. Instructions (a) Compute the amount of accumulated depreciation on each machine at December 31, 2015. (b) If Machine 2 had been purchased on May 1 instead of January 1, what would be the depreciation expense for this machine in (1) 2013 and (2) 2014

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