LULUI 2 UT View Policies Current Attempt in Progress -/4 On April 22, 2020. Wildhorse Enterprises purchased equipment for $139.020. The company expects to use the equipment for 11,700 working hours during its 4-year life and that it will have a residual value of $15,000. Wildhorse has a December 31 year end and pro-rates depreciation to the nearest month. The actual machine usage was: 1.600 hours in 2020. 2.500 hours in 2021: 3.900 hours in 2022; 3,000 hours in 2023; and 900 hours in 2024 (a 1) Calculate depreciation expense for the life of the asset under straight-line method. (Round answers to decimal places, es 5,276.) Depreciation Expense 2020 $ 2021 $ 2022 $ 2023 $ 2024 $ e Textbook and Media