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Problem 9-OBA In recent years, Blossom Company has purchased three machinesBecause of frequent employee turnover in the accounting ceartment, a curent accountant was in charge

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Problem 9-OBA In recent years, Blossom Company has purchased three machinesBecause of frequent employee turnover in the accounting ceartment, a curent accountant was in charge of selecting the desreciation method for each machine and various methods have been used. Information concerning the machines issumed in the table below Salvage Useful Life Depreciation Machine Acquired Value (in years) Method Jan 1, 2020 $126,500 46,500 8 Straight-line July 1, 2025 83,000 10,600 5 Dedining balance 2 Nov. 1, 2021 70,900 5,900 Units-of-activity For the declining balance method, Blossom Company uses the double-declining rate. For the units-of-attive method, tatal machine hours are expected to be 37,000. Actual hours of use in the erst years were: 2021, 660; 2022, 4,600 and 2023, 6,400. 1 2 wy. Study Your answer is partially correct. Try again Compute the amount of accumulated depreciation on each machine at December 31, 2023 MACHINE 1 MACHINE 2 MACHINE 3 Accumulated Depreciation at December 31 10000 23290 LINK TO TEXT

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