Concord Corporation purchased a new machine on October 1, 2022, at a cost of $117,000. The company estimated that the machine will have a salvage value of $11,500. The machine is expected to be used for 10,000 working hours during its 5-year life.

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

deprecation expense 5275

Compute the depreciation expense under units-of-activity for 2022, assuming machine usage was 1,800 hours

		2022
Depreciation expense_____