T RESOURCES 1-11 (Part mission CALCULATOR PAINTER VERSION BACK NEXT Problem 11-11 (Part Level Submission) On January 1, 2018, a machine was purchased for $102,500. The machine has an estimated salvage value of $7,580 and an estimated useful life of 5 years. The machine can operate for 113,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2018, 22,600 hrs; 2019, 28,250 hrs, 2020, 16,950 hrs; 2021, 33,900 hrs, and 2022, 11,300 hrs. M sults by Study (a) Compute the annual depreciation charges over the machine's life assuming a December 31 year-end for each of the following depreciation methods. {Round answers to 0 decimal places, e.9. 45,892.) M 1. Straight-line Method 2. Activity Method Year 2018 $ M M 2019 $ 2020 $ 2021 5 2022 $ M 3. Sum-of-the-Years-Digits Method Year 2018 $ 2019 2020 2021 $ 2022 $ M M 4. Double-Declining Balance Method Year 2018 2010