Problem 11-11 (Part Level Submission) On January 1, 2018, a machine was purchased for $115,000. The machine has an estimated salvage value of $8,800 and an estimated useful life of 5 years. The machine can operate for 118,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2018, 23,600 hrs; 2019, 29,500 hrs; 2020, 17,700 hrs; 2021, 35,400 hrs; and 2022, 11,800 hrs. (a) Your answer is partially correct. Try again. Compute the annual depreciation charges over the machine's life assuming a December 31 year-end for each of the following depreciation methods. (Round answers to 0 decimal places, e.g. 45,892.) 1. Straight-line Method 21240 2. Activity Method Year 2018 21240 2019 26550 2020 15930 2021 31860 2022 10620 3. Sum-of-the-Years'-Digits Method Year 2018 35400 2019 28320 2020 21240 2021 14160 2022 7080 4. Double-Declining-Balance Method Year 2018 46000 2019 27600 2020 2021 2022