Cullumber Company purchased a new machine on October 1. 2022, at a cost of $110.000. The company estimated that the machine will have a salvage value of $10,000. The machine is expected to be used for 10,000 working hours during its 5 -year 3fe. Compute the depreciation expense under straight-line method for 2022 cTextbook and Media Your answer is correct. Compute the depreciation expense under units-of-activity for 2022, assuming machine usage was 1.500 hours. (Round deprecioble cost per unit to 2 decimal ploces, es. 0.50 and final answer to 0 decimal places, eg. 2,125.) eTextbook and Media x Your answer is incorrect. Compute the depreciation expense under declining-balance using double the straight-line rate for 2022 and 2023