Problem 11-11 On January 1, 2018, 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 before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2018, 22,800 hrs; 2019, 28,500 hrs; 2020, 17,100 hrs; 2021, 34,200 hrs; and 2022, 11,400 hrs. Your answer is partially correct. Try again. Compute the annual depreciation charges over the machine's life assuming a December 31 year-end for each of the following depreciation methods. (Round answers to 0 decimal places, e.g. 45,892.) 4. Double-Declining-Balance Method Year 2018 42000 2019 25200 2020 15120 $ 2021 9072 2022 5443 LINK TO TEXT Your answer is partially correct. Try again. Assume a fiscal year-end of September 30. Compute the annual depreciation charges over the asset's life applying each of the following methods. (Round answers to 0 decimal places, e.g. 45,892.) Year Straight-line Method Sum-of-the-years'-digits method Double-declining-balance method 2018 14535 24225 $ 31500 $ $1 2019 19380 25840 29400 2020 19380 19380 17640 M 2021 19380 12920 10584 2022 19380 6460 6350 x X 2023 4845 8075 3811