rent P9.2A (LO 2), AP In recent years, Jayme 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. Machine 2 3 Acquired Jan. 1, 2020 July 1, 2021 Nov. 1, 2021 Cost $96,000 85,000 66,000 Salvage Value $12,000 10,000 6,000 Useful Life (in years) 8 5 6 Depreciation Method Straight-line Declining-balance Units-of-activity For the declining-balance method, Jayme Company uses the double-declining rate. 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 2021, 800; 2022, 4,500; and 2023, 6,000. Instructions a. Compute the amount of accumulated depreciation on each machine at December 31, 2023. b. If machine 2 was purchased on April 1 instead of July 1, what would be the depreciation expense for this machine in 2021? In 2022? 200

P9.2A (LO 2), AP In recent years, Jayme 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. For the declining-balance method, Jayme Company uses the double-declining rate. For the units-ofactivity method, total machine hours are expected to be 30,000 . Actual hours of use in the first 3 years were 2021, 800; 2022,4,500; and 2023, 6,000. Instructions a. Compute the amount of accumulated depreciation on each machine at December 31, 2023. b. If machine 2 was purchased on April 1 instead of July 1 , what would be the depreciation expense for this machine in 2021? In 2022