Problem 2 In recent years, Dolittle 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. Useful Life (in vears) Machine Acquired Jan. 1, 2016 July 1, 2017 Nov. 1, 2017 Cost $96,000 85,000 66.000 Salvage Value $12,000 10,000 6,000 Depreciation Method Straight-line Declining-balance Units-of-activity For the declining-balance method, Dolittle Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 30,000. Actual hours of use in the first 3 years were: 2017, 800, 2018, 4,500; and 2019, 6,000. Instructions a) Compute the amount of accumulated depreciation on each machine at December 31, 2019. b) If machine 2 was purchased on April 1 instead of July 1, what would be the depreciation expense for this machine in 2017? In 2018