US ttps edugerystudent/mainfr.u Practice Assignment Gradebook ORION ignment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Exercise 10-06 a-c (Part Level Submission) Bridgeport Company purchased a new machine on October 1, 2020, at a cost of $110,500. The company estimated that the machine will have a salvage value of $10,500. The machine is expected to be used for 10,000 working hours during its 4-year life. (a) Your answer is correct. Compute the depreciation expense under straight-line method for 2020. (Round answer to 0 decimal places, e.g. 2,125.) 2020 Depreciation expense 6250 SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 2 of 3 used Your answer is correct. Compute the depreciation expense under units-of-activity for 2020, assuming machine usage was 1,780 hours. and final answer to o decimal places, e.g. 2,125.) intermediate calculations to 1 decimal place, e.g.10.1 2020 se under declining-balance using double the straight-line rate for 2020 and 2021. (Round answers to 0 decimal places, e.g. 2 2021 2020 n)