Ivanhoe Company purchased a new machine on October 1,2024, at a cost of $123,000. The company estimated that the machine will have a residual value of $10,500. The machine is expected to be used for 10,000 working hours during its 5 -year life. Ivanhoe Company's year-end is December 31 . Calculate the depreciation expense under the straight-line method for 2024. Calculate the depreciation expense under the units-of-production method for 2024 , assuming machine usage was 1,700 hours. (Round depreciable amount per unit to 2 decimal places, eg. 15.25 and final answer to 0 decimal places, eg 2, 125) eTextbook and Media Compute the depreciation expense under the diminishing-balance method using double the straight-tine rate for 2024 and 2025