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Nash's Trading Post, LLC purchased a new machine on October 1, 2022 at a cost of $83,200. The company estimated that the machine has a

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Nash's Trading Post, LLC purchased a new machine on October 1, 2022 at a cost of $83,200. The company estimated that the machine has a salvage value of $6,400. The machine is expected to be used for 64,000 working hours during its 8-year life. Compute depreciation using the following methods in the year indicated. Straight-line for 2022 and 2023, assuming a December 31 year-end. (Round answers to 0 decimal place, eg. 1520.) 2022 2023 Straight-line method $ Declining-balance using double the straight-line rate for 2022 and 2023. 2022 2023 Declining-balance method $ 5200 $ 19500 MacBook Air Declining-balance using double the straight-line rate for 2022 and 2023. 2022 2023 Declining-balance method $ 5200 $ 19500 Units-of-activity for 2022, assuming machine usage was 2,320 hours. (Round depreciation per unit to the nearest cent.) Units-of-activity method 2022 $ Save for Later Attempts: 0 of 1 used Submit Answer MacBook Air

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