Question 2) Megan Company purchased a new machine on August 1, 2020, at a cost of $90,000. The company estimated that the machine has a salvage value of $8,000, is expected to be used for 70,000 working hours, and will have an 8-year life. Instructions: A) Compute the depreciation expense under the straight-line method for 2020, 2024, and 2028, assuming a December 31 year-end. B) Compute the depreciation expense under the double-declining balance method for 2020 and 2021. C) Compute the depreciation expense under the units-of-activity method for 2020, assuming machine usage was 3,200 hours. (record depreciation per unit to the nearest cent.)