Kingbird, Inc. purchased a new machine on October $1,2022,$ at a cost of $$133,000.$ The company estimated that

the machine will have a salvage value of $$19,500.$ The machine is expected to be used for $10,000$ working hours

during its $5-$year life.

Required:

Calculate the depreciation expense under straight$-$line method for $2022.$

Compute the depreciation expense under units$-$of$-$activity for $2022,$ assuming machine usage wasy$1,500$ hours.

Compute the depreciation expense under declining$-$balance using double the straight$-$line rate for $2022$ and $2023.$

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