Blossom Company purchased a new machine on October 1, 2022, at a cost of $135,000. The company estimated that the machine will have a salvage value of $20,500. The machine is expected to be used for 10,000 working hours during its 5-year life

Blossom Company purchased a new machine on October 1,2022 , at a cost of $135,000. The company estimated that the machine will have a salvage value of $20,500. The machine is expected to be used for 10,000 working hours during its 5 -year life. (a) Compute the depreciation expense under straight-line method for 2022. eTextbook and Media