Question: Please Help and show work ! Will upvote thank you . P10.11 (LO 1) (Depreciation for Partial Periods-SL, ACT, SYD, and DDB) On January 1,2023
Please Help and show work ! Will upvote thank you .

P10.11 (LO 1) (Depreciation for Partial Periods-SL, ACT, SYD, and DDB) On January 1,2023 , a machine was purchased for $90,000. The machine has an estimated salvage value of $6,000 and an estimated useful life of 5 years. The machine can operate for 100,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2023,20,000 hours; 2024, 25,000 hours; 2025, 15,000 hours; 2026, 30,000 hours; and 2027, 10,000 hours. Instructions a. Compute the annual depreciation charges over the machine's life assuming a December 31 year-end for each of the following depreciation methods. 1. Straight-line method. 2. Activity method. 3. Sum-of-the-years'-digits method. 4. Double-declining-balance method. b. Assume a fiscal year-end of September 30. Compute the annual depreciation charges over the asset's life applying each of the following methods. 1. Straight-line method. 2. Sum-of-the-years'-digits method. 3. Double-declining-balance method
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