Waterway Corporation purchased a new machine for its assembly process on August 1, 2017. The cost of this machine was $141,480. The company estimated that the machine would have a salvage value of $15,480at the end of its service life. Its life is estimated at5years, and its working hours are estimated at21,900hours. Year-end is December 31.

Exercise 113-5 Your answer is partially correct. Try again. Waterway Corporation purchased a new machine for its assembly process on August 1, 2017. The cost of this machine was $141,480. The company estimated that the machine would have a salvage value of $15,480 at the end of its service life. Its life is estimated at 5 years, and its working hours are estimated at 21,900 hours. Year-end is December 31. Compute the depreciation expense under the following methods. Each of the following should be considered unrelated. (Round depreciation rate per hour to 2 decimal places, e.g. 5.35 for computational purposes. Round your answers to 0 decimal places, e.g. 45,892.) .1 (a) Straight-line depreciation for 2017 $ 10,500 ./ (b) Activity method for 2017, assuming that machine usage was 850 hours 4,888 (c) Sum-oftheyears'-digits for 2018 (d) Double-declining-balance for 2018