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Current Attempt in Progress Sheridan Company purchased a new machine on October 1,2025 , at a cost of $82,100. The company estimated that the machine

image text in transcribed Current Attempt in Progress Sheridan Company purchased a new machine on October 1,2025 , at a cost of $82,100. The company estimated that the machine has a salvage value of $3,660. The machine is expected to be used for 74,000 working hours during its 10 -year life. (a) Compute depreciation using declining-balance using double the straight-line rate for 2025 and 2026 . (Round answers to 2 decimal places, e.g 2,152.75.) eTextbook and Media Attempts: 0 of 3 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above

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