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Current Attempt in Progress Oriole Company purchased a new machine on October 1, 2022, at a cost of $90,240. The company estimated that the machine

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Current Attempt in Progress Oriole Company purchased a new machine on October 1, 2022, at a cost of $90,240. The company estimated that the machine has a salvage value of $8.800. The machine is expected to be used for 70,300 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 0 decimal places, eg. 5,275.) 2022 2023 The depreciation expense under the straight-line method

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