Cheyenne Corp. purchased a new machine on October $1,2022,$ at a cost of $$131,000.$ The company estimated that the machine will have a salvage value of $$18,500.$ The machine is expected to be used for $10,000$ working hours during its $5-$year life.

$($a$)$

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Compute the depreciation expense under straight$-$line method for $2022.$

$2022$

Depreciation expense

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