(Answered) Clausen corp purchased a machine for 100000 on 1114 at that

Accounting

Clausen Corp. purchased a machine for $100,000 on 1/1/14. At that time, it estimated the machine would have a 5-year useful life and a $6,000 salvage value.

Clausen revised several estimates related to this machine. It determined the new total life of the machine to be 8 years and the revised salvage value to be $2,000.

A. What should be the "Accumulated Depreciation" account balance on 12/31/15? (Hint: This is before the estimate revisions are taken into account.)

On 1/1/16, taking into account the estimate revisions, what is the remaining depreciable cost of the machine?
On 1/1/16, taking into account the estimate revisions, what is the remaining depreciable cost of the machine?
On 1/1/16, taking into account the estimate revisions, what is the remaining depreciable cost of the machine?

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