Joseph's Lumber Mill sold two pieces of equipment in 2022. The following information pertains to the two pieces of equipment: Machine Cost Purchase Date Useful Life Salvage Value Depreciation Method #1 $103,200 7/1/18 5 yrs $7,200 Straight-line Sales Date Sold Price 7/1/22 $24,000 #2 $114,000 1/1/21 5 yrs $6,000 Double-declining-balance 12/31/22 $44,400 (a) Compute the depreciation on each piece of equipment to the date of disposal. Machine #1 Annual Accumulated Year Depreciation Depreciation 2018 $ 2019 2020 2021 2022