Exercise 9-6 Rottino Company purchased a new machine on Octo

Exercise 9-6 Rottino Company purchased a new machine on Octo.
Exercise 9-6 Rottino Company purchased a new machine on October 1, 2015, at a cost of $150,000. The company estimated that the machine will have a salvage value of $12,000. The machine is expected to be used for 10,000 working hours during its 5-year life.WarningDon t show me this message again for the assignmentOk Cancel Compute the depreciation expense under straight-line method for 2015. (Round answer to 0 decimal places, e.g. 2,125.)2015Straight-line method$WarningDon t show me this message again for the assignmentOk Cancel Compute the depreciation expense under units-of-activity for 2015, assuming machine usage was 1,700 hours. (Round per hour value to 2 decimal places, e.g. 21.25 and final answer to 0 decimal places, e.g. 2,125.)2015Units-of-activity method$WarningDon t show me this message again for the assignmentOk Cancel Compute the depreciation expense under declining-balance using double the straight-line rate for 2015 and 2016. (Round answers to 0 decimal places, e.g. 2,125.)20152016Declining-balance method$$WarningDon t show me this message again for the assignmentOk Cancel Exercise 9-7 Linton Company purchased a delivery truck for $34,000 on January 1, 2015. The truck has an expected salvage value of $2,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 15,000 in 2015 and 12,000 in 2016.WarningDon t show me this message again for the assignmentOk Cancel Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.)Depreciation expense per mile$ per mileWarningDon t show me this message again for the assignmentOk Cancel Show List of AccountsCompute depreciation expense for 2015 and 2016 using the straight-line method, the units-of-activity method, and the double-declining-balance method. (Round answers to 0 decimal places, e.g. 5,275.)20152016Straight-line method$$Units-of-activity method$$Declining-balance method$$WarningDon t show me this message again for the assignmentOk Cancel Show List of AccountsAssume that Linton uses the straight-line method. Prepare the journal entry to record 2015 depreciation. (If no entry is required, select No entry for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 5,275.)Account Titles and ExplanationDebitCreditWarningDon t show me this message again for the assignmentOk Cancel Show List of AccountsAssume that Linton uses the straight-line method. Show how the truck would be reported in the December 31, 2015, balance sheet. (Round answers to 0 decimal places, e.g. 5,275.)LINTON COMPANYPartial Balance SheetDecember 31, 2015$ AddLess:$WarningDon t show me this message again for the assignmentOk Cancel
Exercise 9-6 Rottino Company purchased a new machine on Octo

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