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Exercise 9-24 (Part Level Submission) Sandhill Co. purchased a new machine on October 1, 2022,...

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Exercise 9-24 (Part Level Submission) Sandhill Co. purchased a new machine on October 1, 2022, at a cost of $110,100. The company estimated that the machine has a salvage value of $4,020. The machine is expected to be used for 102,000 working hours during its 10-year life. Compute depreciation using the following methods in the year indicated. Exercise 9-24 (Part Level Submission) Declining-balance using double the straight-line rate for 2022 and 2023. 2022 2023 (b) Calculate the depreciation cost per hour. (Round answer to 2 decimal places, e.g. $1.25) Depreciation cost per hour al Units-of-activity for 2022, assuming machine usage was 470 hours. (Round answer to 0 decimal places, e.g. 5,275.) Depreciation using the Units-of-activity method for 2022 Click if you would like to Show Work for this question: Open Show Work

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