Concord Furnace Corp. purchased machinery for $172,200 on July 1,2023 . It is estimated that it will have a useful life of 10 years, residual value of $38,000, production of 134,200 units, and working hours of 26,840 . During 2024, Concord uses the machinery for 5,300 hours, and the machinery produces 16,400 units. * Your answer is incorrect. Calculate the depreciation charge for 2024 under sum-of-the-years'-digits method. (Round answer to 0 decimal places, e.g. 5,275.) Depreciation charge $ eTextbook and Media Attempts: 3 of 3 used (e) Calculate the depreciation charge for 2024 under declining-balance method (use 20% as the annual rate). Depreciation charge $