E$10\mathrm{.}6$ Determine depreciation for partial periods

Rottino Company purchased a new machine on October $1,2022,$ at a cost of $$150,000.$ 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.

Instructions

Compute the depreciation expense under the following methods for the year indicated.

a$.$ Straight$-$line for $2022.$

b$.$ Units$-$of$-$activity for $2022,$ assuming machine usage was $1,700$ hours.

c$.$ Declining$-$balance using double the straight$-$line rate for $2022$ and $2023.$

NOTE: Enter a formula, a cell reference, or a value $($if you are unable to reference a cell$),$

into the yellow shaded input cells.

When you have completed E$10\mathrm{.}6,$ respond to the additional question on the E$10\mathrm{.}6$ Add Ques