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Wildhorse Ltd. purchased a new machine on April 4, 2014, at a cost of $152,000. The company estimated that the machine would have a residual

Wildhorse Ltd. purchased a new machine on April 4, 2014, at a cost of $152,000. The company estimated that the machine would have a residual value of $14,000. The machine is expected to be used for 9,200 working hours during its four-year life. Actual machine usage was 1,300 hours in 2014; 2,000 hours in 2015; 2,500 hours in 2016; 1,800 hours in 2017; and 1,600 hours in 2018. Wildhorse has a December 31 year end.

(a)

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Calculate depreciation for the machine under each of the following methods: (Round expense per unit to 2 decimal places, e.g. 2.75 and final answers to 0 decimal places, e.g. 5,275.) (1) Straight-line for 2014 through to 2018.

2014 expense $enter a dollar amount
2015 expense $enter a dollar amount
2016 expense $enter a dollar amount
2017 expense $enter a dollar amount
2018 expense $enter a dollar amount

(2) Diminishing-balance using double the straight-line rate for 2014 through to 2018.

2014 expense $enter a dollar amount
2015 expense $enter a dollar amount
2016 expense $enter a dollar amount
2017 expense $enter a dollar amount
2018 expense $enter a dollar amount

(3) Units-of-production for 2014 through to 2018.

2014 expense $enter a dollar amount
2015 expense $enter a dollar amount
2016 expense $enter a dollar amount
2017 expense $enter a dollar amount
2018 expense $enter a dollar amount

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