Marigold Company purchased a new machine on September $1,2022,$ at a cost of $$123,000.$ The company estimated that the machine will have a salvage value of $$12,000.$ The machine is expected to be used for $10,000$ working hours during its $5-$year life.

$($a$)$

$$ Your answer is correct.

Compute the depreciation expense under the Straight$-$line method for $2022,2023,$ and $2024.($Round answers to $0$ decimal places, e$.$g$.15250.)$

Depreciation expense for:

$2022,$$

$2023,$$

$2024,$$

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