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Flint Company purchased a new machine on October 1,2022 , at a cost of $110,800. The company estimated that the machine will have a salvage

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Flint Company purchased a new machine on October 1,2022 , at a cost of $110,800. The company estimated that the machine will have a salvage value of $10,800. The machine is expected to be used for 10,000 working hours during its 4 -year life. (a) Compute the depreciation expense under straight-line method for 2022. Compute the depreciation expense under units-of-activity for 2022, assuming machine usage was 1,510 hours. (Round intermediate calculations to 2 decimal places, e.g.10.12 and final answer to 0 decimal places, e.g. 2,125.) eTextbook and Media Attempts: 0 of 2 used (c) Compute the depreciation expense under declining-balance using double the straight-line rate for 2022 and 2023 . (Round final answers to 0 decimal places, e.g. 2,125.)

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