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.

Calculate the depreciation cost per hour. (Round answer to 2 decimal places, e.g. $1.25)

Depreciation cost per hour

$enter the depreciation cost per hour in dollars rounded to 2 decimal places

Units-of-activity for 2017, assuming machine usage was 490 hours. (Round answer to 0 decimal places, e.g. 125)

Depreciation using the Units-of-activity method for 2017

$enter the units-of-activity depreciation cost for 2017 in dollars