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Marina Landscapepurchased a new machine on October 1, 2022, at a cost of $91,360. The company estimated that the machine has a salvage value of

Marina Landscapepurchased a new machine on October 1, 2022, at a cost of $91,360. The company estimated that the machine has a salvage value of $8,000. The machine is expected to be used for71,360working hours during its8-year life.

Compute the depreciation expense under the straight-line method for 2022 and 2023, assuming a December 31 year-end.

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