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The cost of equipment purchased by Charleston, Inc., on June 1, 2012, is $217,160. It is estimated that the machine will have a $12,200 salvage value at the end of its service life. Its service life is estimated at 7 years; its total working hours are estimated at 102,480; and its total production is estimated at 1,281,000 units. During 2012, the machine was operated 14,640 hours and produced 134,200 units. During 2013, the machine was operated 13,420 hours and produced 117,120 units. Compute depreciation expense on the machine for the year ending December 31, 2012, and the year ending December 31, 2013, using the following methods. (Round answers to 0 decimal places, e.g. $45,892.)
2012
2013
$
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