P$11\mathrm{.}2($LO$1,2)($Depreciation for Partial Periods$-$SL$,$ Act., SYD$,$ and DDB$)$ Thecost of equipment purchased by Charleston, SA$,$ on June $1,2022,$ is $89,000.$ It isestimated that the machine will have a $5,000$ residual value at the end of its service life.Its service life is estimated at $7$ years, its total working hours are estimated at $42,000,$ andits total production is estimated at $525,000$ units. During $2022,$ the machine was operated$6,000$ hours and produced $55,000$ units. During $2023,$ the machine was operated $5,500$hours and produced $48,000$ units.InstructionsCompute depreciation expense on the machine for the year ending December $31,2022$and the year ending December $31,2023,$ using the following methods,a$.$ Straight$-$line.b$.$ Units$-$of$-$output.c$.$ Working hours.d$.$ Sum$-$of$-$the$-$years'$-$digits.e$.$ Declining$-$balance $($twice the straight$-$line rate$).$