Question: 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

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 Acquired Cost Salvage Value Useful Life (in years) Depreciation Method 1 Jan. 1, 2020 $139,000 $29,000 10 Straight-line 2 July 1, 2021 96,500 11,800 5 Declining-balance 3 Nov. 1, 2021 81,100 9,100 6 Units-of-activity For 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 hours of use in the first 3 years were: 2021, 870; 2022, 4,300; and 2023, 5,500. (a) Your answer is incorrect. Compute the amount of accumulated depreciation on each machine at December 31, 2023. Accumulated Depreciation $ at December 31 eTextbook and Media Save for Later MACHINE 1 MACHINE 2 MACHINE 3 Attempts: unlimited Submit

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