Question 1 of 3 3.33/5 View Policies Show Attempt History Current Attempt in Progress In recent years, Windsor 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 Cost 1 Jan 1, 2020 $ 96,400 $ 14,000 8 Straight-line 2 July 1, 2021 88,500 11,500 5 Declining-balance 3 Nov. 1. 2021 70,000 2,000 6 Units-of-activity For the declining-balance methodWindsor Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 31,000. Actual hours of use in the first 3 years were 2021, 500, 2022,4,600; and 2023.6,800. (a 1) Your answer is correct. For Bus #3, calculate depreciable cost per mile under units-of-activity method. Depreciable cost $ 2.00 per mile eTextbook and Media Attempts: 3 of 5 used (a2) Your answer is correct. Compute the amount of accumulated depreciation on each machine at December 31, 2023. Accumulated depreciation MACHINE 1 $ 41200 MACHINE 2 $ 63012 MACHINE 3 $ 23400 Attempts: 1 of 5 used (b) x Your answer is incorrect If machine 2 was purchased on April 1 instead of July 1, what would be the depreciation expense for this machine in 2021? In 20222 (1) 2021 (2) ( 2022 Depreciation expense 88500 $ 28320 Save for Later Attempts: 1 of 5 used Submit