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Sheridan Company purchased a new machine on October 1,2025 , at a cost of $104,100. The company estimated that the machine ha a salvage value

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Sheridan Company purchased a new machine on October 1,2025 , at a cost of $104,100. The company estimated that the machine ha a salvage value of $7,140. The machine is expected to be used for 96,000 working hours during its 10 -year life. (a) Compute depreciation using declining-balance using double the straight-line rate for 2025 and 2026 . (Round answers to 2 decimal places, es 2,152.75.) Calculate the depreciation cost per hour: (Round answer to 2 decimal ploces, es 1.25) Depreclation cost per hour s Compute depreciation using units-of-activity for 2025, assuming machine usage was 500 hours, (Round answer to 0 decimal ploces, es. 5,275.) Depreciation using the units-of-activity method for 2025

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