9 of 29 < > Your answer is partially correct. 0.5/1 EE Blossom Company purchased a new machine on October 1, 2025, at a cost of $66,960. The company estimated that the machine has a salvage value of $6,480. The machine is expected to be used for 70,700 working hours during its 6-year life. Compute the depreciation expense under the straight-line method for 2025 and 2026, assuming a December 31 year-end. 2025 2026 Depreciation expense under the straight-line method $ 2.520 $ eTextbook and Media Save for Later Last saved 1 second ago. Saved work will be auto-submitted on the due date, Auto- submission can take up to 10 minutes. Attempts: 2 of 6 used Submit