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answer a-d please thank you Machine Depreciation and Sale Getz Company purchased a new machine on September 1,2022 , at a cost of $120,000. The

answer a-d please thank you
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Machine Depreciation and Sale Getz Company purchased a new machine on September 1,2022 , at a cost of $120,000. The company estimaled that the machine wil have a salvage value of $12,000. The machine is expected to be used for 10,000 working hours during its 5 -year life. Depreciable Cost: Cost less Salvage Value = Compute the depreciation expense under the following methods tor the year indicated. (a) Straight-line for 2022. 2023, and 2024. \begin{tabular}{|l|} \hline 2022 \\ \hline 2023 \\ \hline 2024 \\ \hline \end{tabular} (b)Units-of-activity for 2022, assuming machine usage was 700 hours. 2022 (c)Declining-balance using double the straight-line rate for 2022, 2023, and 2024 202220232024 (d)Assume the straight-line method is used. What amount of gain or loss would Getz recognize if they sell the asset for $45,000 on 1/1/25

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