Xanadu Company purchased a new machine on October 1, 2014, at a cost of $96, 360. The company estimated that the machine will have a salvage value of $13, 300. The machine is expected to be used for 8, 306 working hours during its 4-year life. Calculate depreciable cost. Depreciable cost 83060 By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your Instructor. Compute the depreciation expense under the following methods for the year indicated. (Round depreciation rate per hour to 2 decimals to $1.25 and final answers to 0 decimal places, e.g. $2, 125.) (1) Straight-line for 2014. (2) Units-of-activity for 2014, assuming machine usage was 1, 900 hours. (3) Declining-balance using double the straight-line rate for 2014 and 2015