Swifty Company purchased a new machine on September 1,202.2. at cost of $122.000. The company estimated that the machine will hive a 5alvage value of $12,000. The machine is expected to be used for 10,000 working hours during its 5 -year life. (a) Your antwer is correct: Compute the depreciation expense under the Straight-line method for 2022, 2023, and 2024. (Round answers to O decimal ploces es. 15250) Depreciation expense for: 2022 2023 2024 Compute the depreciation expense under the Declining-balance using double the straight-line rate for 2022, 2023 , and 2024. (Round answers to 0 decimal places, eg. 15250.) Depreciation expense for: 2022 2023 2024