Question 2 of 2 > - /2 E View Policies Current Attempt in Progress In recent years, Sandhill Co. 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 1 2 3 Acquired Jan 1, 2015 July 1, 2016 Nov. 1, 2016 Cost $137,000 96,000 69.000 Salvage Value $49.000 12.100 9,000 Useful Life (in years) B 5 6 Depreciation Method Straight-line Declining balance Units-of-activity For the declining-balance method, Sandhill Co. uses the double declining rate. For the units of activity method, total machine hours are expected to be 30.000. Actual hours of use in the first 3 years were: 2016, 720-2017.5.500, and 2018, 7200 Compute the amount of accumulated depreciation on each machine at December 31, 2018 MACHINE 1 MACHINE 2 MACHINE 3 $ $ $ Accumulated Depreciation at December 31 e Textbook and Media If machine 2 was purchased on April 1 instead of July 1, what would be the depreciation expense for this machine in 2016? In 2017? 2016 2017 $ Depreciation Expense $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer ORI