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3.) Turtle Company purchased a machine for $49,600 and incurred an additional $2,456 in costs necessary for installation and setup of the machine. The machine is expected to last for 5 years or 175,560 machine-hours. At the end of the machine's useful life, it can be scrapped for an estimated $774.

The machine was used for 37,665 machine-hours in the first year and 46,939 machine-hours in the second year, calculate the machine's book value after two years of depreciation expense have been recorded using the activity method of depreciation. Round your answer to the nearest dollar.

4.) Turtle Company purchased a machine for $28,063. The machine is expected to last for 9 years or 137,771 machine-hours. At the end of the machine's useful life, it can be scrapped for an estimated $2,316.

The machine was used for 35,175 machine-hours in the first year and 31,220 machine-hours in the second year, calculate the machine's total accumulated depreciation after two years of depreciation expense have been recorded using the activity method of depreciation. Round your answer to the nearest dollar.

5.) Rodent Company purchased a machine for $32,365. The machine is expected to last for 15 years or 151,884 machine-hours. At the end of the machine's useful life, it can be scrapped for an estimated $1,106.

Calculate the machine's book value after the third year's depreciation expense has been recorded using the straight-line method of depreciation. Round your answer to the nearest dollar.

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