Ivanhoe Company purchased a new machine on October 1, 2017, at a cost of $77.980. The company estimated that the machine has a salge value of $5,160. The machine is expected to be used for 72,900 working hours during its 7-year life. Compute the depreciation expense under the straight-line method for 2017 and 2010, assuming a December 31 year end. (Round answers to decimal places.. 5.275.) The depreciation expense under the straight-line method Click if you would like to show Work for this question on Shes Work Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER lo e a x] wil Gateway