Show all work. Problems worth points indicated.

$1.(8$ points$)$ Robert Parish Corporation purchased a new machine for its assembly process on January $1,2014.$ The cost of this machine was $\backslash (\backslash$$ $615,000\backslash ).$ The company estimated that the machine would have a salvage value of $\backslash (\backslash$$ $15,000\backslash )$ at the end of its service life. Its life is estimated at $5$ years, and its working hours are estimated at $100,000$ hours. Year$-$end is December $31.$

Compute the depreciation expense under the following methods and complete the depreciation schedules below.

$($a$)$ Straight$-$line depreciation.

$($b$)$ Activity method, assuming that machine usage was $28,000$ hours for $2014$; $29,000$ hours for $2015$; $18,000$ hours for $2016$; $12,000$ hours for $2017$; and $13,000$ hours for $2018.$

$($c$)$ Sum$-$of$-$the$-$years'$-$digits.

$($d$)$ Double$-$declining$-$balance.

Straight$-$line

Units$-$of$-$Production $($Activity$)$ a$.$ Record the journal entry for the actual warranty expenditures $($assume the company paid cash to a $\backslash (3^\{\backslash$text $\{$rd $\}\}\backslash )$ party repair shop$)$

b$.$ Record the journal entry to estimate additional warranty expense at year end.

$14.(3$ points$)$ JWS Transport Company's employees earn vacation time at the rate of $2$ hour per $40$hour work period $($thus$,$ the vacation expense is $2/40$ths of salary expense$).$ The vacation pay vests immediately $($that is$,$ an employee is entitled to the pay even if employment terminates$).$ During $2024,$ total salaries paid to employees equaled $\backslash (\backslash$$ $608,000\backslash ),$ including $\backslash (\backslash$$ $8,000\backslash )$ for vacations actually taken in $2024$ but not including vacations related to $2024$ that will be taken in $2025.$ All vacations earned before $2024$ were taken before January $1,2024.$ No accrual entries have been made for the vacations. No overtime premium and no bonuses were paid during the period.

Required:

Prepare the appropriate adjusting entry for vacations earned but not taken in $2024.$