Question: part (b) is the only thing im really needing help on! . ti INTERVENTOR Problem Son (Part Level Submission) In recent years, Crane Company has
part (b) is the only thing im really needing help on!. ti INTERVENTOR Problem Son (Part Level Submission) In recent years, Crane Company has purchased three machines. Because of frequent employee turnover the accounting department different count was in charge of selecting the depreciation method for each machine and various methods have been used. Information concerning the machines is summed in the table below Salvage Useful Life Machine Acquired Depreciation Valu (in years) Method 1 Jan 1, 2020 $196,000 516,000 10 Straight in 2 July 1, 2021 79,000 11,200 5 Declining balance 3 No. 1, 2021 71,000 7.900 G Untol-activity For the declining balance method. Crane Company uses the double dedining rate for the units-activity method, total machine hours we expected to be 39.000. Alors of use in the first years were 2021, 810; 2022, 6,4001 and 2023, 7.900 (a) Your answer is correct Compute the amount of accumulated depreciation on each machine at December 31, 2023, MACHINE MACHINE 2 MACHINES Accumulated Depreciation at December 31 44000 5620 30220 Attem (b) If machine 2 was rchased on April 1 instead of July 1, what would be the depreciation expense for this machine in 20217 In 20227 2021 2022 Depreciation Expense Click if you would like to Show Work for this questions Open Show Work
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