Question: Question 2 O 36.1 / 76 View Policies Show Attempt History Current Attempt in Progress Blossom Limited purchased a machine on account on April 1,

April 1, 2021, at an invoice price of $380,660. On April 2,

it paid $2,180 for delivery of the machine. A one-year $3,840 insurance

policy on the machine was purchased on April 5. On April 19,

Question 2 O 36.1 / 76 View Policies Show Attempt History Current Attempt in Progress Blossom Limited purchased a machine on account on April 1, 2021, at an invoice price of $380,660. On April 2, it paid $2,180 for delivery of the machine. A one-year $3,840 insurance policy on the machine was purchased on April 5. On April 19, Blossom pald $8,270 for installation and testing of the machine. The machine was ready for use on April 30. Blossom estimates the machine's useful life will be five years or 6,535 units with a residual value of $81.210. Assume the machine produces the following numbers of units each year: 1,014 units in 2021; 1,535 units in 2022;1.517 units in 2023; 1.279 units in 2024; and 1,190 units in 2025. Blossom has a December 31 year end. Your answer is correct Determine the cost of the machine. Cost of the machine $ 391110 e Textbook and Media Attempts: 2 of 3 used Using multiple attempts has impacted your score. 5% score reduction after attempt 1 Calculate the annual depreciation and total depreciation over the net's life using: (Round the depreciation cost per unit to 2 decimal places. Round answers to decimal places, eg. 5,275.) (1) Straight-line method Year Depreciable Amount Depreciation Expense Accumulated Depreciation Carrying Am 2021 $ $ $ 2022 2023 2024 2025 2026 (2) Double-diminishing-balance method Year Opening Carrying Amount $ Depreciation Expense Accumulated Depreciation 2021 Carrying Am $ $ s 2022 2023 2024 2025 2026 (3) Units-of-production method Year Units-of-production Depreciation Expense Accumulated Depreciation 2021 Carrying Amos $ $ 2022 2023 2024 2025

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