Papon PLC has 3 machines. The company follows different depreciation methods for each of the machine. Information regarding the 3 machines is given below:

Machine Model N290MDU78 N162XW93 .. N340TXP86

Depreciation Method Units of Activity Straight Line Declining balance method

Purchase date July 1,2020 .. January 1,2020 . October 1,2020

Cost ($) 190000 140000 240000

Salvage Value ($) 40000 10000 50000

Useful Life (Years) 7 4 5

N290MDU78 is expected to be used for 26000 hours. Actual hours used in the year 2020 and 2021 were 5500 hours and 10800 hours respectively.

Complete the depreciation schedules of each of the machines for 2020 and 2021.

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