Please answer all questions
Sheffield Company purchased machinery on January 1,2025 , for $93,600. The machinery is estimated to have a salvage value of $9,360 after a useful life of 8 years. Compute 2025 depreciation expense using the sum-of-the-years'-digits method. Depreciation expense $ Compute 2025 depreciation expense using the sum-of-the-years'-digits method, assuming the machinery was purchased on April 1, 2025. (Do not round intermediate calculations. Round final answer to 0 decimal places, es. 5,125 .) Depreciation expense Wildhorse Company purchased machinery on January 1,2025 , for $94,400. The machinery is estimated to have a salvage value of $9,440 after a useful life of 8 years. Compute 2025 depleciation expense using the double-declining-balance method. Depreciation expense $ eTextbook and Media Compute 2025 depreciation expense using the double-declining-balance method, assuming the machinery was purchased on October 1, 2025. (Do not round intermediate calculations. Round final answer to O decimal places, es. 5, 125.) Depreciation expense Current Attempt in Progress Windsor Inc. owns the following assets, Compute the composite depreciation rate and the composite life of Windsor's assets. (Round answers to 1 decimal ploce, eg. 4.8% or 4.8 years.) Composite depreciation rate % Composite life years Metlock Company purchased equipment for $285,600 on October 1, 2025. It is estimated that the equipment will have a useful life of 8 years and a salvage value of $12,000. Estimated pituction is 48,000 units and estimated working hours are 19,000. During 2025, Metlock uses the equipment for 530 hours and the equipment produces 1,100 units. Compute depreciation expense under each of the following methods. Metlock is on a calendar-year basis ending December 31. (Round rate per hour and rate per unit to 2 decimal places, es. 5.35 and final answers to 0 decimal places, e. 45,892. (a) Straight-line method for 2025 $ (b) Activity method (units of output) for 2025 $ (c) Activity method (working hours) for 2025 $ (d) Sum-of-the-years'-digits method for 2027 $ (e) Double-declining-balance method for 2026 $ At the beginning of 2025 , Sarasota Company acquired a mine for $2,762,400. Of this amount, $120,000 was ascribed to the land value and the remaining portion to the minerals in the mine. Surveys conducted by geologists have indicated that approximately 12,060,000 units of ore appear to be in the mine. Sarasota incurred $204,000 of development costs associated with this mine prior to any extraction of minerals. It also determined that the fair value of its obligation to prepare the land for an alternative use when all of the mineral has been removed was $48,000. During 2025,2,379,000 units of ore were extracted and 2,244,000 of these units were sold. Compute the following. The total amount of depletion for 2025. (Round per unit answer to 2 decimal places, eg. 0.45 for computational purpose and final answer to 0 decimal places, e.g. 45,892.) Depletion for 2025 $ The amount that is charged as an expense for 2025 for the cost of the minerals sold during 2025.(Round per unit answer to 2 decimal places, es. 0.45 for computational purpose and final answer to 0 decimal places, e.s. 45,892.) Cost of the minerals sold during 2025 $
