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On January 1, 2012, a machine was purchased for $184,500. The machine has an estimated salvage value of $12,300 and an estimated useful life of 5 years. The machine can operate for 205,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2012, 41,000 hrs; 2013, 51,250 hrs; 2014, 30,750 hrs; 2015, 61,500 hrs; 2016, 20,500 hrs.
Assume a fiscal year-end of September 30. Compute the annual depreciation charges over the asset's life applying each of the following methods. (Round answers to 0 decimal places, e.g. 45,892.)
Year
Straight-line Method
Sum-of-the-years'-digits method
Double-declining-balance method
2012
$
2013
2014
2015
2016
2017
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