Moutain View Resorts purchased equipment at the beginning of 2024 for $34,000. Residual value at the end of an estimated fouryour unice lifo is expected to be $6,000. The machine operated for 1,500 hours in the first year and the company expects the machine to operate for a total of 8,000 hours over its four-year life. Requined: Gladito doprecition expense for 2024, using each of the following depreciation methods: 1. Sinightiline 2. Dowbiodecling bolance (For al iequirements, round your intermediate calculations to 2 decimal places.)