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13 of 16 < > View Policies - /5 E ! Current Attempt in Progress Suppose that Pharoah purchased a new machine on October 1,

13 of 16 < > View Policies - /5 E ! Current Attempt in Progress Suppose that Pharoah purchased a new machine on October 1, 2025 at a cost of $83,200. The company estimated that the machine has a salvage value of $6,400. The machine is expected to be used for 64,000 working hours during its 8-year life. Compute depreciation using the following methods in the year indicated. (a) Straight-line for 2025 and 2026, assuming a December 31 year-end. Straight-line method List of Accounts Save for Later 2025 +A $ 2026 $ Attempts: 0 of 2 used Submit

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