Getz Company purchased a new machine on September 1, 2022, at a cost of $120,000. 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. Instructions: Compute the depreciation expense under the following methods for the year indicated. (a) Straight-line for 2022. (b) Units-of-activity for 2022, assuming machine usage was 700 hours. (c) Declining-balance using double the straight-line rate for 2022 and 2023.