Swinton Company purchased a new machine on October 1, 2012, at a cost of $120,000. 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.

Instructions
Compute the depreciation expense under the following methods for the year indicated.
  (a) Straight-line for 2012.
  (b) Units-of-activity for 2012, assuming machine usage was 1,700 hours.
  (c) Declining-balance using double the straight-line rate for 2012 and 2013.