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Current Attempt in Progress On May 1, 2025, Bonita Company purchased factory equipment for $765300. The asset's useful life in hours is estimated to be

Current Attempt in Progress On May 1, 2025, Bonita Company purchased factory equipment for $765300. The asset's useful life in hours is estimated to be 190000. The estimated salvage value is $48000 and the estimated useful life in years is 9. The machine was used for 25000 hours in the first year. If the activity method is used, what is depreciation expense for 2025? (Round the depreciation rate to 4 decimal places e.g. 15.2578.) $94383 $53133 $99383 $79700

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