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.

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?

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Useful Life Salvage Value Depreciation Method Straight-line Declining-balance (in years) Machine 1. 2. Acquired Jan. 1, 2020 July 1, 2021 Nov. 1, 2021 Cost $96,000 85,000 66,000 $12,000 10,000 6,000 6. Units-of-activity