Your grade has been recorded in the Gradebook Mon, May 11, 2020,3:41:45 PM (America/New York-04:00) Question 11 View Policies Current Attempt in Progress In recent years, Carla Vista Co. has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was inch depreciation method for each machine, and various methods have been used. Information concerning the machines is summarized in the table below. Machine Salvage Value Depreciation Method Acquired Jan 1, 2015 July 1, 2016 Useful Life in years) 10 Cost $139,000 96,500 Straight-line $29.000 11.800 5 Declining-balance Nov. 1. 16 81.100 2.100 6 Units-of-activity For the declining balance method, Carla Vista Co. uses the double-decliningrate. For the units of activity method total machine hours are expected to be 36.000. Actual years were: 2016, 870: 2017.4 300: and 2018,5.500. PM /2020 Compute the amount of accumulated depreciation on each machine at December 31, 2018 MACHINE 2 Your grade has been recorded in the Gradebook Mon May 11, 2020.314145 PM (America New York-04:00) 20:47 Hide Time Question 11 View Policies Current Attempt in Progress In recent years, Carla Vista Co. 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 Salvage Value Useful Life in years Depreciation Method Straight line Acquired Cost Jan 1, 2015 $139.000 July 1, 2016 96.500 Nov. 1. 16 81.100 $29.000 11.800 9,100 10 5 6 Declining balance Units of activity e expected to be 36.000. Actual hours of use in the first 3 For the declining balance method, Carla Vista Causes the double decliningrate. For the units of activity meth years were: 2016,670.2017. 4,300; and 2018, 5.500. Compute the amount of cumulated depreciation on each machine at December 31, 2016 MACHINE 2 ho Tu 118 20:40 or the declining balance method, Carla Vista Co. uses the double-declining rate. For the units of activity method, total machine hours are expected to be 36,000. Actual hou ears were:2016,870: 2017.4.300; and 2018,5,500. Compute the amount of accumulated depreciation on each machine at December 31, 2018 MACHINE 1 MACHINE 2 MACHINE 3 Accumulated Depreciation at December 31 $ 68,708 $ 21,360 It machine 2 was purchased on April 1 instead of July 1, what would be the depreciation expense for this machine in 2016? In 2017? 2016 Depreciation Expenses Attempts:0 of 1 used Submit Ans Last ad condo Swid work wea Your grades My202013