Rottino Company purchased a new machine on October 1, 2015, at a cost of $150,000. The company estimated that the machine will have a salvage value of $12,000. The machine is expected to be used for 10,000 working hours during its 5-year life. Compute the depreciation expensive under the following methods.
A. Straight Line for 2015
B. Units of Activity for 2015, assuming machine usage was 1,700 hours
C. Declining-balance using the double straight line rate for 2015 and 2016