Gotham Company purchased a new machine on October 1, 2022, at a cost of $90,000. The company estimated that the machine has a salvage value of $8,000. The machine is expected to be used for 70,000 working hours during its 8-year life. Compute depreciation using the following methods in the year indicated. (a) Your Answer Correct Answer Your answer is correct Declining-balance using double the straight-line rate for 2022 and 2023 2022 2023 Deprecation using the Declining-balance method 3.625 21.093.73 e Textbook and Media (b) Calculate the depreciation cost per hour. (Round answer to 2 decimal places, es $1.25) Depreciation cost per hours Units-of-activity for 2022, assuming machine usage was 480 hours. (Round answer to decimal places, es 5,275) Depreciation using the Units-of-activity method for 2022 $ Saat Attempts: 0 of Sused Submit Anwar