please help me to solve this problem Inrecent years, Marigold Company has purchased three machines. Because of frequent employee turnover in the accounting department, a different accountant was in charge of selecting thedepreciation method for each machine, and various methods have been used. Information concerning the machines is summarized in the table below.SalvageUseful LifeDepreciationMachineAcquiredCostValue(in years)MethodJan. 1, 2020$ 9.400$ 14,000Straight-line2July 1. 202191.50010.500Declining-balance3Nov. 1. 202162.5008,500Units-of-activityFor the declining-balance method, Marigold Company uses the double-declining rate. For the units-of-activity method, total machine hours are expected to be 27,000. Actual hours of use in the first 3years were 2021, 700, 2022, 4,200; and 2023, 6,200.For Bus #3. calculate depreciable cost per mile under units-of-activity method.Depreciable costSper mileeTextbook and Media

Business organizations are required to charge the depreciation expense so as to fairly present the…

Inrecent years, Marigold Company has purchased three machines. Because of frequent employee turnover in the accounting departiment, 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 (in years) Depreciation Machine Acquired Cost Value Method Jan. 1, 2020 $99.400 $14.000 Straight-line 2 July 1, 2021 91.500 10.500 5 Declining-balance Nov. 1. 2021 62.500 8.500 Units-of-activity For the declining-balance method, Marigold Company unes the double-declining rate. For the units-of-activity method, total machine hours are expected to be 27,000. Actual hours of use in the first 3 years were 2021, 700, 2022, 4,200; and 2023, 6.200. For Bus 3, calculate depreciable cost per mile under units-ot-activity method. Depreciable cost per mile