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Question 4) In recent years, Dobbs Company has purchased three machines. Because of a bad employee named Wares in the accounting department, a different accountant

Question 4) In recent years, Dobbs Company has purchased three machines. Because of a bad employee named Wares in the accounting department, a different accountant was hired to take charge of selecting the depreciation method for each machine. Information concerning the machines is summarized in the table below. Acquired Jan. 1, 2022 $96,000 Oct. 1, 2023 $80,000 Nov. 1, 2023 $66,000 Machine 123 2 3 Cost Salvage Value $12,000 $10,000 $ 6,000 Useful Life (in years) 12 Depreciation method Straight-line Double-Declining Balance Units-of-Activity 5 6 For the units-of-activity method, total machine hours are expected to be 30,000. Actual hours of use in the first 3 years were: 2023, 800, 2024, 4,100; and 2025, 7,000. Instructions: A) Compute the amount of accumulated depreciation on each machine at December 31, 2025. B) If machine 2 was purchased on April 1 instead of October 1, what would be the depreciation expense for this machine in 2023? In 2024?
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Question 4) In recent years, Dobbs Company has purchased three machines. Because of a bad employee named Wares in the accounting department, a different accountant was hired to take charge of selecting the depreciation method for each machine. Information concerning the machines is summarized in the table below. For the units-of-activity method, total machine hours are expected to be 30,000 . Actual hours of use in the first 3 years were: 2023, 800; 2024, 4,100; and 2025,7,000. Instructions: A) Compute the amount of accumulated depreciation on each machine at December 31,2025 . B) If machine 2 was purchased on April 1 instead of October I, what would be the depreciation expense for this machine in 2023? In 2024

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