Current Attempt in Progress Crane Company purchased a new machine on October 1.2022. at a cost of $89.920. The company estimated that the machine has a salvage value of 59.440. The machine is expected to be used for 71,300 working hours duri its 8-year life Compute the depreciation expense under the strat e ethod for 2022 2023 December 31 year end. Round answers decimal places, 5275.25) 2022 The depreciation expense under the straight-line methods