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a Oriole Company purchased a new machine on September 1, 2022, at a cost of $139,000. The company estimated that the machine will have a salvage value of $14,000. The machine is expected to be used for 10,000 working hours during its 5-year life. (a) Your answer is correct. Compute the depreciation expense under the Straight-line method for 2022 2023 and 2024. (Round answers to o decimal places, c.3. 15250) Depreciation expense for 2022-5 033 2023-5 2:5000 2024-5 25000 e Textbook and Media List of Accounts X Your answer is incorrect, Compute the depreciation expense under the Declining balance using double the straight-line rate for 2022 2023, and 2024 (Round answers to 0 decimal places, e.g. 15250.) Depreciation expense fort 2022 - $ 55600 2023 - $ 33360 20245 20016 eTextbook and Media List of Accounts Save for Later Attempts: 1 of 3 used Submit