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Compute the depreciation expense under units-of-activity for 2022, assuming machine usage was 1,520 hours. (Round depreciable cost per unit to 2 decimat places, es, 0.50

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Compute the depreciation expense under units-of-activity for 2022, assuming machine usage was 1,520 hours. (Round depreciable cost per unit to 2 decimat places, es, 0.50 and final answer to 0 decimal ploces, eg, 2,125) Windsor, Inc. purchased a new machine on October 1,2022, at a cost of $120,000. The company estimated that the machine will have a salvage value of $13,000. The machine is expected to be used for 10,000 working hours during its 5 -year life. Your answer is correct. Compute the depreciation expense under straight-line method for 2022. Compute the depreciation expense under declining-balance using double the straight-line rate for 2022 and 2023

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