32) Jensen Company purchased a new machine on October 1, 2022 at a cost of $104,000. The company estimated that the machine has a salvage value of $8,000. The machine is expected to be used for 80,000 working hours during its 8-year life. Instructions Compute depreciation using the following methods in the year indicated. (a) end. (b) and Straight-line for 2022 and 2023, assuming a December 31 year- Declining-balance using double the straight-line rate for 2022 2023. (c) Units-of-activity for 2022, assuming machine usage was 2,900 hours. (Round depreciation per unit to the nearest cent.)