Question: Crane Corporation purchased a new machine for its assembly process on August 1, 2025. The cost of this machine was $120,350. The company estimated that

Crane Corporation purchased a new machine for its
Crane Corporation purchased a new machine for its assembly process on August 1, 2025. The cost of this machine was $120,350. The company estimated that the machine would have a salvage value of $12,300 at the end of its service life. Its life is estimated at 5 years, and its working hours are estimated at 20,000 hours. Year-end is December 31. Compute the depreciation expense under the following methods. Each of the following should be considered unrelated. (Round depreciation rate per hour to 2 decimal places, as. 5.35 for computational purposes. Round your answers to 0 decimal places. as. 45,892.) (a) Straight-line depreciation for 2025 $ 9004 (b) Activity method for 2025, assuming that machine usage was 830 hours $ (c) Sum-of-the-years'digits for 2026 $ 33015 (d) Doubledeclining-balance for 2026 $

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