Question 4 In recent years, Blossom 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 Useful Life Depreciation Machine Acquired Cost Value (in years) Method Jan. 1, 2020 $126,500 $46,500 Straight-line July 1, 2021 83,000 10,600 Declining-balance Nov. 1. 2021 70,900 6.900 Units-of-activity For the declining balance method, Blossom Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 32,000. Actual hours of use in the first 3 years were: 2021, 640; 2022, 4,600, and 2023, 6,400. Compute the amount of accumulated depreciation on each machine at December 31, 2023 MACHINE 1 MACHINE 2 MACHINE 3 Accumulated Depreciation at December 31 LINK TO VIDEO LINK TO TEXT If machine 2 was purchased on April 1 instead of July 1, what would be the depreciation expense for this machine in 20217 In 2022? 2021 Depreciation Expenses