Pharoah Company purchased a new machine on September 1, 2022, at a cost of $145,000. The company estimated that the machine will have a salvage value of $14,000. The machine is expected to be used for 10,000 working hours during its 5-year life. (a) Your Answer Correct Answer Your answer is correct Compute the depreciation expense under the Straight line method for 2022 2023, and 2024. (Round answers to decimal places es. 15250) Depreciation expense for 2022-5 3.733 2023-5 26200 2024- 26200 Textbook and Media (6) b Compute the depreciation expense under the Units of activity for 2022, assuming machine usage was 940 hours Depreciation expense for 2022-5 eTextbook and Media List of Accounts Savetor Later Attempts: 0 of 3 used Submit Antwer