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please help Calculate the amount of depreciation expense that Sarasota should record for Machine B each year of its useful life under the following assumptions.
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Calculate the amount of depreciation expense that Sarasota should record for Machine B each year of its useful life under the following assumptions. (Round depreclotion cost per unit to 2 decimol ploces es 12.25, Round final answers to 0 decimal plochs es: 21251 (1) Sarasota uses the straight-line method of depreciation. (2) Sarasota uses the declining balance method. The rate used is twice the straight-line rate. (3) Sirasota uses the units-of activity method and estimates that the useful life of the machine is, 106,375 units, Actual usage is as follows: 2022, 42,000 units, 2023, 30,500 units;2024, 19,000 units, 2025, 14,875 units. On Januafy 1,2022, Sarasota Company purchased the following twa machines for use in its production process. Machinen A. Thercash price of thismachine was $37.500. Rehatedexpenditures also paid in cash included: sales tax $3,600 thipping costs $100 insurance during shipping $50, instaliation and testine costs $120 and $150 of oil and lubricants to be uged with the machinery during its first year of operations Saravota estimates that the usefurtife of the machire is 5 years with a 55,950 salvage value remaining at the end of that time period Assume that the straight flinemethod of depreciation is used. Machune B: The recorded cost of this machine was 5180,000 . Sarasota estimates that the inteful lifc of the machine is 4 years With a $10000 salvike value remaining at the end of that time period Step by Step Solution
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