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Question 4 different accountant was in charge of selecting the depreciation method t each machine, and the accournting department, various methods have been used. Information
Question 4 different accountant was in charge of selecting the depreciation method t each machine, and the accournting department, various methods have been used. Information concerning the machines is summarized in the table helow S Value De Method n in vears) Machine Acquired Cost Straight-line S43 000 1an .2015 $123,000 1 July 1, 2016 76.000 10,700 Decining-balance Units f-activity Nov. 1, 2016 6,800 6,800 2018 4 o ing-balance method, Carla Vista Co. 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: 2016, B40: 2017, 3.700: and (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 $ $ If machine 2 was purchased on April 1 instead of July 1, what would be the depreciation expense for this machine in 2016? In 2017? 2016 2017 Depreciation Expense
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