P11-11B (L02,3) (Depreciation for Partial Periods-SL, Act., SYD, and DDB) On January 1, 2014, a machine was pur- chased for $120,000. The machine has an estimated salvage value of $6,000 and an estimated useful life of 6 years. The machine can operate for 200,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2014, 35,000 hrs; 2015, 45,000 hrs; 2016, 55,000 hrs; 2017, 30,000 hrs; 2018, 20,000 hrs; 2019, 15,000 hrs. Instructions (a) Compute the annual depreciation charges over the machine's life assuming a December 31 year-end for each of the fol- lowing depreciation methods. (1) Straight-line method. (2) Activity method. (3) Sum-of-the-years'-digits method. (4) Double-declining-balance method. (b) Assume a fiscal year-end of March 31. Compute the annual depreciation charges over the asset's life applying each of the following methods. (1) Straight-line method. (2) Sum-of-the-years'-digits method. (3) Double-declining-balance method.