Current Attempt in Progress In recent years, Ivanhoe 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. Salvage Value Useful Life (in years) Machine Cost Acquired Jan 1, 2015 1 $128,500 10 $18.500 Depreciation Method Straight-line Declining-balance Units-of-activity 2 85,500 5 July 1, 2016 10,500 3 Nov. 1. 2016 76,000 6 8.000 For the declining-balance method, Ivanhoe Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 34,000. Actual hours of use in the first 3 years were: 2016, 740; 2017,4,300, and 2018,6,100. Compute the amount of accumulated depreciation on each machine at December 31, 2018 MACHINE 3 MACHINE 1 MACHINE 2 Compute the amount of accumulated depreciation on each machine at December 31, 2018 MACHINE 3 MACHINE 1 MACHINE 2 $ $ S Accumulated Depreciation at December 31 If 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 2017 Depreciation Expense