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Wildhorse Co. purchased a new machine on October 1, 2022, at a cost of $90,000. The company estimated that the machine has a salvage value

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Wildhorse Co. purchased a new machine on October 1, 2022, at a cost of $90,000. The company estimated that the machine has a salvage value of $9,280. The machine is expected to be used for 72,900 working hours during its 8-year life. Compute the depreciation expense under the straight-line method for 2022 and 2023, assuming a December 31 year-end. (Round answers to 2 decimal places, eg. 5,275.25.) 2022 2023 The depreciation expense under the straight line method $ 2532 $ 10090 eTextbook and Media Assistance Used Save for Later Attempts: 3 of 5 used Submit

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