Question 1 of 30 - / 13 View Policies Current Attempt in Progress Wildhorse Co. purchased a new machine on October 1, 2022 at a cost of $249,600. The company estimated that the machine has a salvage value of $19,200. The machine is expected to be used for 192,000 working hours during its 8-year life. Compute depreciation using the following methods in the year indicated. (a) Straight-line for 2022 and 2023, assuming a December 31 year-end. (Round answers to decimal place, eg. 1520.) 2022 $ 2023 $ Straight-line method 1 Attempts: 0 of 1 used Submit Answer Save for Later Last saved 1 minute ago. Saved work will be auto-submitted on the due date