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Ivanhoe Company purchased a new machine on October 1,2025 , at a cost of $76,100. The company estimated that the machine has a salvage value

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Ivanhoe Company purchased a new machine on October 1,2025 , at a cost of $76,100. The company estimated that the machine has a salvage value of $6,060. The machine is expected to be used for 68,000 working hours during its 10 -year life. Compute depreciation using declining-balance using double the straight-line rate for 2025 and 2026. (Round answers to 2 decimal ploces, es 2.152.75. Calculate the depreciation cost per hour. (Round answer to 2 decimal ploces, es. 1.25.) Depreciation cost per hour $ Compute depreciation using units-of-activity for 2025, assuming machine usage was 500 hours, (Round arawer to 0 decimol ploces, es. 5,275 )

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