Current Attempt in Progress

On April $22,2023,$ Wildhorse Enterprises purchased equipment for $$139,600.$ The comparry expects to use the equipment for $12,000$ working hours during its four$-$year life and that it will have a residual value of $$16,000.$ Wildhorse has a December $31$ year end and pro$-$rates depreclation to the nearest month. The actual machine usage was: $1,900$ hours in $2023$; $2,500$ hours in $2024$;$4,000$ hours in $2025$; $2,600$ hours in $2026$; and $1,200$ hours in $2027.$

$($a$1)$