Question: Question 7 View Policies Current Attempt in Progress Cullumber Company purchased a new machine on October 1, 2022, at a cost of $90.880. The company

Question 7 View Policies Current Attempt in Progress Cullumber Company purchased a new machine on October 1, 2022, at a cost of $90.880. The company estimated that the machine has a salvage value of $8.640. The machine is expected to be used for 72,700 working hours during its 8-year life Compute the depreciation expense under the straight-line method for 2022 and 2023, assuming a December 31 year-end. (Round answers to 2 decimal places, s. 5.275.25.) 2022 2023 The depreciation expense under the straight-line method $

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