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Cullumber Company purchased a new machine on October 1, 2017, at a cost of $89.200. The company estimated that the machine has a salvage value

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Cullumber Company purchased a new machine on October 1, 2017, at a cost of $89.200. The company estimated that the machine has a salvage value of $8,900. The machine is expected to be used for 65,100 working hours during its 8-year life. Compute depreciation using the following methods in the year indicated. (a) Your answer is incorrect Declining-balance using double the straight-line rate for 2017 and 2018. (Round answers to decimal places, eg. 125) 2017 2018 Depreciation using the Declining-balance method

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