Sarasota Company purchased a new machine on October 1, 2020, at a cost of $113.500. The company estimated that the machine will have a salvage value of $13,500. The machine is expected to be used for 10,000 working hours during its 5-year life. (a) Your answer is correct. Compute the depreciation expense under straight-line method for 2020. (Round answer to O decimal places, eg 2.125.) Depreciation expense $ 2020 5000 (b) eTextbook and Media Your Answer Correct Answer Attempts: 1 of 3 used Your answer is correct Compute the depreciation expense under units-of-activity for 2020, assuming machine usage was 1,620 hours (Round Intermediate calculations to 1 decimal place. eg.10.1 and final answer to O decimal places, 2.125 Depreciation expense $ eTextbook and Media Solution 2020 16200 Attempts: 3 of 3 used (c) Compute the depreciation expense under declining-balance using double the straight-line rate for 2020 and 2021. (Round answers to O decimal places, es.2.125) 2020 Depreciation expense $ eTextbook and Media 2021