Problem 9-8A (Part Level Submission) In recent years, Cullumber 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. Salvage Value Useful Life in years Depreciation Method Machine Acquired Jan. 1, 2015 July 1, 2016 Nov. 1, 2016 Cost $134,000 81,000 77,500 $34,000 11,100 8,500 Straight-line Declining-balance Units-of-activity 10 For the declining-balance method, Cullumber Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 34,500. Actual hours of use in the first 3 years were 2016, 730; 2017, 5,900; and 2018, 7,600 (a) Compute the amount of accumulated depreciation on each machine at December 31, 2018. MACHINE 1 MACHINE 2 MACHINE 3 Accumulated Depreciation at December 31 s SHoW ANSWER TO TEXT LINK TO TEXT VIDEO SIMILAR PROBLEM Attempts: 0 of 2 used