Question: On January 1 , 2 0 2 3 , a machine was purchased for $ 1 0 2 , 5 0 0 . The machine

On January 1,2023, a machine was purchased for $102,500. The machine has an estimated salvage value of 8000 and useful life of 5 years. The machine can operate for 105,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2023,21,000 hours; 2024,26,250 hours; 2025,15,750,2026,31,500, and 2027,10,500 hours. Assume a fiscal year-end of September 30. Compute the annual depreciation charges over the assets life applying each of the following methods. (Round answers to 0 decimal places, e.g.45,892.) Straight-line Method , Sum-of-the-years'-digits method, and Double-declining-balance method.

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