The angelus press ltd purchased a machine on January 8th,2014 at a cost of $320,000. it is estimated to have a useful life of 5 years or work for a total of (300,000) and has an estimated residual value of $20,000.

The machine worked for 122,000 hours the first year, 75,000 hours the second year, 42,350 hours the third year etc. Using this information, answer ALL the following questions. Show your calculations and state clearly what is your answers.

a. using the straight-line method determines the machine's depreciation expense on December 31st,2016 ( the third year)

b. if the machine is depreciated using the units of activity method, calculate the accumulated depreciation for year 2015 (the second year)

c. if the machine is depreciated using the double-declining balance method, calculate the book value at december 31st 2015 (the end of the second year)

d. if the machine was purchased on april 5, 2014 and the double declining balance method is used, calculate the accumulated depreciation at december 31st, 2015 (the end of the secnd year)

e. if the machine was purchased on april 30th, 2014 journalize the straight line deepreciation expense at december 31, 2014 ( the end of the first year)