Skysong, Inc. purchased a new machine on October 1, 2022, at a cost of $118,000. The company estimated that the machine will have a salvage value of $12,000. The machine is expected to be used for 10,000 working hours during its 5-year life. Compute the depreciation expense under straight-line method for 2022. Depreciation expense $ eTextbook and Media Compute the depreciation expense under units-of-activity for 2022, assuming machine usage was 1,610 hours. (Round depreciable cost per unit to 2 decimal places, e.g. 0.50 and final answer to 0 decimal places, e.g. 2,125.) Depreciation expense $ eTextbook and Media Depreciation expense 2022 Compute the depreciation expense under declining-balance using double the straight-line rate for 2022 and 2023. eTextbook and Media $ 2022 2022 $ 2023

Skysone inc. purchased a new machine on October 1,2022 , at a cost of $118,000. The company estimated that the machine will have a salvage value of $12,000. The machine is expected to be used for 10,000 working hours during its 5 -year life. Compute the depreciation expense under straight-line method for 2022. eTextbook and Media Compute the depreciation expense under units-of-activity for 2022, assuming machine usage was 1,610 hours. (Round depreciable cost per unit to 2 decimal places, e.g. 0.50 and final answer to 0 decimal ptoces, e. 8.2,125. eTextbook and Media Compute the depreciation expense under declining-balance using double the straight-line rate for 2022 and 2023