Problem 11-11 On January 1, 2018, a machine was purchased for $90,000. The machine has an estimated salvage value of $6,000 and an estimated useful life of 5 years. The machine can operate for 100,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2018, 20,000 hrs; 2019, 25,000 hrs; 2020, 15,000 hrs; 2021, 30,000 hrs; and 2022, 10,000 hrs. 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.) 1. Straight-line Method 16,800 2. Activity Method Year 2018 16,800 2019 21,000 2020 12,600 2021 25,200 2022 8,400 3. Sum-of-the-Years'-Digits Method Year 2018 28,000 2019 22,400 16,800 2020 2021 11,200 2022 5,600 4. Double-Declining-Balance Method Year 2018 36,000 2019 21,600 2020 12,960 2021 7,776 2022 5,664 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 o decimal places, e.g. 45,892.) Year Straight-line Method Sum-of-the-years'-digits method Double-declining-balance method 12,600 20,999.97 27,000 16,800 23,800 25,200 16,800 18,200 15,120 16,8001 12,600 9,072 16,800 7,000 6,192 4,200 1,400 1,416