Question 23 of 26 - /10 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. Straight-tine for 2022 and 2023, assuming a December 31 year-end. (Round answers to O decimal place, eg, 1520.) 2022 $ 2023 $ Straight-line method Declining balance using double the straight-line rate for 2022 and 2023 2023 2022 Declining-balance method $ $ 2022 2023 Straight-line method $ Declining-balance using double the straight-line rate for 2022 and 2023. 2023 2022 $ Declining balance method $ Units-of-activity for 2022, assuming machine usage was 6,960 hours. (Round depreciation per unit to the nearest cent.) Units-of-activity method 2022 $ Suve for Later Attempts: 0 of 1 used Submit Answer MacBook Pro