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New attempt is in progress. Some of the new entries may impact the last...

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Accounting

New attempt is in progress. Some of the new entries may impact the last attempt grading.Your answer is partially correct.

Blossom Corp. purchased machinery for $381,450 on May 1, 2020. It is estimated that it will have a useful life of 10 years, salvage value of $18,450, production of 290,400 units, and working hours of 25,000. During 2021, Blossom Corp. uses the machinery for 2,650 hours, and the machinery produces 31,400 units. From the information given, compute the depreciation charge for 2021 under each of the following methods. (Round intermediate calculations to 2 decimal places, e.g. 5.25 and final answers to 0 decimal places, e.g. 45,892.)

(a)

Straight-line

$36300

(b)

Units-of-output

$enter a dollar amount

(c)

Working hours

$enter a dollar amount

(d)

Sum-of-the-years'-digits

$enter a dollar amount

(e)

Declining-balance (use 20% as the annual rate)

$66118

I've looked at other answers and still don't understand how to do these 3 correctly. Thank you in advance!

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