Exercise 257 Blue Spruce Corp. purchased a new machine on October 1, 2022 at a cost of $291,200. The company estimated that the machine has a salvage value of $22,400. The machine is expecte to be used for 224,000 working hours during its 8-year life. Compute depreciation using the following methods in the year indicated. Straight-line for 2022 and 2023, assuming a December 31 year-end. (Round answers to O decimal place, e.g. 1520.) 2022 2023 Straight-line method S Declining-balance using double the straight-line rate for 2022 and 2023. 2022 2023 Declining-balance method $ Units-of-activity for 2022, assuming machine usage was 8,120 hours. (Round depreciation per unit to the nearest cent.) Units-of-activity method 2022 Click if you would like to Show Work for this question: Open Show Work