Question 5 Sheridan Ltd. purchased a new machine on April 4,201 The machine is expected to be used for 9,800 working hours dur hours in 2016; 1,900 hours in 2017; and 1,800 hours in 2018.Sheridan has a December 31 year end 14, at a cost of $ 172,800. The company estimated that the machine would have a residual value of $ 16000 ing its four-year life Actual machine usage was 1,500 hours in 2014:2.200 hours in 2015:2.400 te depreciation for the machine under each of the following methods (Round epense per unit to 2 deciml ploces eg 2,75 and final ansowers to O dleimal places, eg. 5,275) (1) Straight-line for 2014 through to 2018 2014 expense 2015 expense 2016 expense 2017 expense 2018 expense