Question 52 Blossom Ltd, purchased a new machine on April 4, 2014, at a cost of $160,000. The company estimated that the machine would have a residual value of $14,000. The machine is expected to be used for 10,000 working hours during its four year life. Actual machine usage was 1,600 hours in 2014, 2.400 hours in 2015; 2,200 hours in 2016; 2,000 hours in 2017; and 1,800 hours in 2018. Blossom has a December 31 year end. Calculate depreciation for the machine under each of the following methods (Round expense per unit to 2 decimal places, eg. 2.75 and final answers to places, e.g. 5,275.) decima (1) Straight-line for 2014 through to 2018 2014 expense 2015 expense 2016 expense 2017 expense 2018 expense (2) Diminishing-balance using double the straight-line rate for 2014 through to 2018. 2014 expense 2015 expense 2016 expense 2017 expense 2018 expense (3) Units-of-production for 2014 through to 2018. 2014 expense 2015 expense 2016 expense 2017 expense 2018 expenses