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On January 1, 2023, a machine was purchased for $105,000. The machine has an estimated salvage value of $6,420 and an estimated useful life of

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On January 1, 2023, a machine was purchased for $105,000. The machine has an estimated salvage value of $6,420 and an estimated useful life of 5 years. The machine can operate for 106,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2023, 21,200 hours: 2024, 26,500 hours; 2025, 15,900 hours: 2026, 31,800 hours: and 2027,10.600 hours. Compute the annual depreciation charges over the machine's life assuming a December 31 year-end for each of the following depreciation methods. (Round rote per hour to 2 decimal ploces, e.8. 15.25 and final answers to 0 decimal places, eg. 45.892.) 1. Straight-line Method 2. Activity Method 3. Sum-of-the-Years-Digits Method Nauhlo-Darlinino-Ralanro Mathnd

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