Current Attempt in Progress Novak Corp. purchased a new machine on October 1, 2022 at a cost of $353,600. The company estimated that the machine has a salvage value of $27,200. The machine is expected to be used for 272,000 working hours during its 8-year life. Compute depreciation using the following methods in the year indicated. (a) Your answer has been saved. See score details after the due date. Straight-line for 2022 and 2023, assuming a December 31 year-end. (Round answers to O decimal place, e.g. 1520.) (b) 2022 Straight-line method 10200 2023 Declining-balance using double the straight-line rate for 2022 and 2023. Declining-balance method Save for Later 2022 2023 $ 40800 Attempts: 1 of 1 used Attempts: 0 of 1 used Submit