Concord Company purchased a new machine on September 1, 2022, at a cost of $124,000. The company estimated that the machine will have a salvage value of $12,000. The machine is expected to be used for 10,000 working hours during its 5-year life. (a) Compute the depreciation expense under the Straight-line method for 2022, 2023, and 2024. (Round answers to O decimal places, es. 15250) Depreciation expense for: 2022-$ 2023-$ 2024-$ Save for Later Attempts: 0 of 1 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above (d) The parts of this question must be completed in order. This part will be available when you complete the part above (e) The parts of this question must be completed in order. This part will be available when you complete the part above