Coronado Industries purchased a depreciable asset for $1300000. The estimated salvage value is $57000, and the estimated useful life is 10000 hours. Coronado used the asset for 900 hours in the current year. The activity method will be used for depreciation. What is the depreciation expense on this asset? $124300 $1243000 $117000 O $111870 e Textbook and Media Save for Later Attempts: 1 of 2 used Submit