(b) Assume a fiscal year-end of September 30. Compute the annual depreciation charges over the asset's life applying each of the following methods. (Round answers to decimal places, eg. 45,892.) Year Straight-line Method Double-declining balance method Sum-of-the-years-digits method $ 2018 $ $ 2019 2020 2021 2022 2023 e Textbook and Media Attempts: 0 of 5 used Submit Answer Save for Later --/13.5 Question Part Score tempt in Progress On January 1, 2018, a machine was purchased for $92,500. The machine has an estimated salvage value of $5,500 and an estimated useful life of 5 years. The machine can operate for 100,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2018, 20,000 hrs: 2019,25,000 hrs; 2020,15,000 hrs: 2021, 30,000 hrs; and 2022, 10,000 hrs