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Sunland LTD purchased a new machine on April 4 , 2 0 2 0 at a cost of $ 1 6 0 , 0 0

Sunland LTD purchased a new machine on April 4,2020 at a cost of $160,000. The company estimated that the machine would have a residual value of $16,000. The machine is expected to be used for 10,000 working hours during its four year life. Actual machine usage was 1400 hours in 2020,2000 hours in 2021,2400 hours in 2022,2300 hours in 2023 and 1900 hours in 2024. Sunland has a December 31 year end. calculate depreciation using the straight line method for 2020 through to 2024.

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