1. Maserati Corporation purchased a new machine for its assembly process on July 1,2022 . The cost of this machine was $150,000. The company estimated that the machine would have a salvage value of $24,000 at the end of its service ife. Its life is estimated at 5 years and its working hours are estimated at 21,000 hours. Maserati depreciates the nachine to the nearest fraction of a year. Year-end is December 31. Compute the depreciation expense for the entire useful life under the following methods. 01 Artivitu mathnd. Calrulate the denreriation exnenca nnly far 2072 when the marhine wac ucad ROn hnure 4] Double-declining balance