Monty Company purchased a new machine on October $1,2022,$ at a cost of $$110,900.$ The company estimated that the machine will

have a salvage value of $ $10,900.$ The machine is expected to be used for $10,000$ working hours during its $5-$year life.

Your answer is correct.

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

$2022$

Depreciation expense

$5,000.$ Compute the depreciation expense under straight$-$line method for $2022.$

$2022$

Depreciation expense

CA

$5,000.$ Compute the depreciation expense under units$-$of$-$activity for $2022,$ assuming machine usage was $1,530$ hours. $($Round

intermediate calculations to $2$ decimal places, e$.$g$\mathrm{.}10\mathrm{.}12$ and final answer to $0$ decimal places, e$.$g$.2,125.)$

$2022$

Depreciation expense

$

$15,300.$ Compute the depreciation expenseu under declining balance Using double the: straight$-$line rate for $2022$ and $2023.($Round final

answers to decimal places, eg$.2,125.)$

$2022?$

$2023?$

Depreciation expense