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Problem 9-8A (Part Level Submission) In recent years, Crane Company 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 Salvage Value Useful Life (in years) 10 Depreciation Method Machine Acquired Jan. 1, 2015 July 1, 2016 Nov. 1, 2016 Cost $126,000 79,000 71,900 $16,000 11,200 7,900 Straight-line Declining-balance Units-of-activity 2 3 6 For the declining-balance method, Crane Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 32,000. Actual hours of use in the first 3 years were: 2016, 810; 2017, 6,400; and 2018, 7,900. Your answer is incorrect. Try again Compute the amount of accumulated depreciation on each machine at December 31, 2018 MACHINE 1 MACHINE 2 MACHINE 3 Accumulated Depreciation at December 31 LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR