prepare a seperate depreciation schedules for each machine. Prepare the schedule fof all years, information permitting

machine 1: straighr line dep

machine 2:diminishing balance dep

machine 3: units of production dep

In recent years, Crane Corporation 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 Residual Value Useful Life (In years) Cost 1 Jan. 1.2022 $86,400 $12,400 5 Depreciation Method Straight-line Diminishing-balance Units-of-production 2 July 1, 2023 88.750 10,060 5 3 Nov. 1. 2023 69.390 6.030 6 For the diminishing-balance method. Crane Corporation uses double the straightline rate. For the units-of-production method, total machine hours are expected to be 26,400. Actual hours of use in the first 3 years were: 2023, 400, 2024.4.210; and 2025,5,000