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On January 1,2023, a machine was purchased for $105,000. The machine has an estimated salvage value of $8,100 and an estimated useful life of 5

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On January 1,2023, a machine was purchased for $105,000. The machine has an estimated salvage value of $8,100 and an estimated useful life of 5 years. The machine can operate for 114,000 hours beforeit needs to be replaced. The company closed its books on December 31 and operates the machine as follows:2023,22,800 hours; 2024, 28,500 hours,2025, 17,100 hours: 2026,34,200 hours; and 2027,11,400 hours. (a) Your answer is partially correct. Compute the annual depreciation charges over the machines life assuming a December 31 year end for each of the following depreciation methods. (Round rate per hour fo 2 decimal ploces es. 15.25 and finol onswers to 0 decimal ploces, eg. 45,892.) Sum-of-the-Years'-Digits Method 4. Assume a fiscal year end of September $0. Compute the annual depreciation charges over the asset's lifeapplying each of the following methods. (Round answers to 0 decimal ploces es, 45, 892)

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