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In recent years, Farr Company has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and various methods have been used. Information concerning the machines is summarized in the table below.

In recent years, Farr Company has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and various methods have been used. Information concerning the machines is summarized in the table below. Machine 1 2 3 Acquired Jan. 1, 2012 July 1, 2013 Nov. 1, 2013 Cost $122,000 82,000 101,500 Salvage Value $35,600 11,800 8,500 Useful Life (in years) 8 5 7 Depreciation Method Straight-line Declining-balance Units-of-activity For the declining-balance method, Farr Company uses the double-declining rate. For the units-ofactivity method, total machine hours are expected to be 31,000. Actual hours of use in the first 3 years were: 2013, 800; 2014, 6,180; and 2015, 7,780. Compute the amount of accumulated depreciation on each machine at December 31, 2015. MACHINE 1 $ Accumulated Depreciation at December 31 MACHINE 2 $ MACHINE 3 $ LINK TO TEXT LINK TO TEXT If machine 2 was purchased on April 1 instead of July 1, what would be the depreciation expense for this machine in 2013? In 2014? 2013 Depreciation Expense LINK TO TEXT 2014 $ $ In recent years, Farr Company has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of selecting the depreciation method for each machine, and various methods have been used. Information concerning the machines is summarized in the table below. Machine 1 2 3 Acquired Jan. 1, 2012 July 1, 2013 Nov. 1, 2013 Cost $122,000 82,000 101,500 Salvage Value $35,600 11,800 8,500 Useful Life (in years) 8 5 7 Depreciation Method Straight-line Declining-balance Units-of-activity For the declining-balance method, Farr Company uses the double-declining rate. For the units-ofactivity method, total machine hours are expected to be 31,000. Actual hours of use in the first 3 years were: 2013, 800; 2014, 6,180; and 2015, 7,780. Compute the amount of accumulated depreciation on each machine at December 31, 2015. MACHINE 1 $ Accumulated Depreciation at December 31 MACHINE 2 $ MACHINE 3 $ LINK TO TEXT LINK TO TEXT If machine 2 was purchased on April 1 instead of July 1, what would be the depreciation expense for this machine in 2013? In 2014? 2013 Depreciation Expense LINK TO TEXT 2014 $ $