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Current Attempt in Progress Cullumber Company purchased a new machine on October 1 , 2 0 2 2 , at a cost of . The

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Current Attempt in Progress Cullumber Company purchased a new machine on October 1,2022, at a cost of. The company estimated that the machine has a salvage value of. The machine is expected to be used for 71,800 working hours during its 8-year life. Compute the depreciation expense under the straight-line method for 2022 and 2023, assuming a December 31 year-end. (Round answers to 2 decimal places, e.g.5,275.25.)20222023 The depreciation expense under the straight-line methodeTextbook and Media Attempts: 0 of 3 used
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