Problem 10-03A a-c (Part Level Submission) On January 1, 2020, Flint Company purchased the following two machines for use in its production process Machine A: The cash price of this machine was $46,000. Related expenditures included: sales tax $3,250, shipping costs $200, insurance during shipping $110, installation and testing costs $90, and $100 of oil and lubricants to be used with the machinery during its first year of operations. Flint estimates that the useful life of the machine is 5 years with a $4,200 salvage value remaining at the end of that time period. Assume that the straight-line method of depreciation is used. The recorded cost of this machine was $180,000. Flint estimates that the useful life of the machine is 4 years with a Machine B: 9,850 salvage value remaining at the end of that time period. Your answer is partially correct. Try again Calculate the amount of depreciation expense that Flint should record for Machine B each year of its useful life under the following assumptions. (Round depreciation cost per unit to 2 decimal places, e.g 12.25. Round final answers to O decimal places, e.g. 2,125.) (1) (2) (3) Flint uses the straight-line method of depreciation. Flint uses the declining-balance method. The rate used is twice the straight-line rate Flint uses the units-of-activity method and estimates that the useful life of the machine is 136,120 units. Actual usage is as follows: 2020, 49,000 units; 2021, 38,000 units; 2022, 27,000 units; 2023, 22,120 units. Depreciation E 2021 2020 2022 2023 Straight-line method 42537 42537 42537 42537 Declining-balance method 85075 42537 21269 10634 Units-or-activity method 61250 47500 33750 27650 LINK TO TEXT