Oriole Compary purchased a new machine on October 1, 2024, at a cost of $120.000. The company estimated that the machine will have a residual value of $15.600. The machine is expected to be used for 10000 working hours during its 5 -year life Oriale Compary's year-end is December 31 (a) x Vour answer is incorrect. Calculate the depreciation expense under the straight-line method for 202.4. Calculate the depreciation expense under the units-of-production method for 2024, assuming machine usage was 1,700 hours (Round deprecioble amount per unit to 2 decimal places, es. 15.25 and final answer to 0 decimal places, es. 2.125) eTextbook and Media Attempts: O of 1 used (c) The parts of this question must be completed in order. This part will be avallable when you complete the part abowe