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In recent years, Sheridan Corporation has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of selecting the depreciation qethod for each machinc, and various methods have been used. Information concerning the machines is summarized in the table below. For the diminishing balance method, Sheridan Corporation uses double the straight-line rate. For the units-of-production method. total machine hours are expected to be 26,030. Actual hours of use in the first 3 years were: 2019,410;2020,4,940; and 2021, 5.440. totat machine hours are expected to be 26,030, Actuar hours of use in the hirst 3 years were 2019,410:2020,4.940,9 and 2021,5.440. (a) Prepare separate depreciation schedules tor each machine. Prepare the schedule for all years, information permitting (Round depreciation per unit to 2 decimal places, es. 5,20 and answers to the nearest whole dollor, es. 5,275 . Do not leave any answer fieid blank. Enter O for amounts.) Machine 1: 5 traight-line depreciation Prepare separate depreciation schedules for each machine. Prepare the schedule for all years, information permitting. (Round depreciation per unit to 2 decimal places, e.g. 5.20 and answers to the neorest whole dollar, e. 9.5.275. Do not leave any answer freld blank. Enter 0 for amounts.) Machine 1: Straight-line depreciation Machine 2: Diminishing-balance depreciation Machine 2: Diminishing balance depreciation Machine 3: Units-of-production depreciation Machine 3: Units-of-production depreciation eTextbook and Media Attempts: 0 of 2 used