Problem 9-08A (Part Level Submission)

In recent years, Blossom 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		Acquired		Cost		Salvage Value		Useful Life (in years)		Depreciation Method
1		Jan. 1, 2020		$137,000		$27,000		10		Straight-line
2		July 1, 2021		91,500		10,600		5		Declining-balance
3		Nov. 1, 2021		78,500		8,500		6		Units-of-activity

For the declining-balance method, Blossom Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 35,000. Actual hours of use in the first 3 years were: 2021, 800; 2022, 5,200; and 2023, 6,900.

(a)

Compute the amount of accumulated depreciation on each machine at December 31, 2023.

		MACHINE 1		MACHINE 2		MACHINE 3
Accumulated Depreciation at December 31		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount