Question 1 Sherndan Company purchased a new machine on October 1, 2019, at a cost of $119,000. The company estimated that the machine will have a salvage value of $12,500. The machine is expected to be used for 10,000 working hours during its 4-year life Compute the depraciation expense under straight-line mathod for 2019. (Round answer to 0 decimal places e.g. 2,125.) 2019 LINK TO TEXT VIDEO STMTLAR EXERCISE Compute the depreciation expense under units-of-activity for 2019, assuming machine usage was 1,790 hours. (Round depreciation cost per unit to 2 decimal places, e.g. 0.50 and depreciation rate to 0 decimal places, e.g.15%, Round final answer to 2 decimal places, e.g. 2,125.25.) 2019 Depreciation expense LINK TO TEXT VIDEO STMTLAR EXERCISE Compute the depreciation expense under declining-balance using double the straight-line rate for 2019 and 2020. (Round answers to 0 decimal places, e.g. 2,125.) 2019 2020 Depreciation expense