Question 3 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 Machine Useful Life (in years) Acquired Jan 1, 2020 July 1, 2021 Nov. 1, 2021 Cost $132,000 72,000 79,000 Salvage Value $32,000 11,400 9.000 Depreciation Method Straight-line Deding-balance Units-of-activity Study 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 35.000. Actual hours of use in the first 3 years were: 2021, 620; 2022, 5,000, and 2023, 6,200. Your newer is incorrect. Try again Compute the amount of acumulated depreciation on each machine at December 31, 2023 MACHINE 1 MACHINE 3 Accumulated Depreciation at December 31 LINK TO TEXT Attempter lefused LATER BRIT ANSWER x Your answer is incorrect. Try again. If machine 2 was purchased on April 1 instead of July 1, what would be the preciation expense for this machine in 20217 in 2022? 2021 Depreciation Expense