In recent years, Jayme 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 Useful Life Machine Acquired Cost Value (in years) Depreciation Method 1 Jan. 1, 2015 $96,000 $12,000 8 Straight-line 2 July 1, 2016 85,000 10,000 5 Declining-balance 3 Nov. 1, 2016 66,000 6,000 6 Units-of-activity
For the declining-balance method, Jayme Company 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 fi rst 3 years were 2016, 800; 2017, 4,500; and 2018, 6,000. Instructions (a) Compute the amount of accumulated depreciation on each machine at December 31, 2018.