Current Attempt in Progress Skysong Company purchased a new machine on September 1, 2022. at a cost of $125,000. The company estimated that the machine will have a salvage value of $12,000. The machine is expected to be used for 10.000 working hours during its 5-year life. (a) Your answer is correct Compute the depreciation expense under the Straight-line method for 2022 2023 and 2024. (Round answers to decimal places, c. 15250) Depreciation expense for 2022-5 7533 2023-5 22600 2024-5 22600 (b) Your answer is correct Compute the depreciation expense under the Units-of-activity for 2022, assuming machine usage was 740 hours. Depreciation expense for 2022 - $ B362 eTextbook and Media List of Accounts Attempts: 1 of 3 used (c) Compute the depreciation expense under the Declining balance using double the straight-line rate for 2022 2023, and 2024 (Round answers to decimal places, eg. 15250.) Depreciation expense for 2022 - $ 2023-5 20245 eTextbook and Media List of Accounts Attempts: 0 of 3 used SweTor Later Submit