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13 of 16 < > View Policies Show Attempt History Current Attempt in Progress 3.33/5 : Suppose that Pharoah purchased a new machine on October
13 of 16 < > View Policies Show Attempt History Current Attempt in Progress 3.33/5 : 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. Question 13 of 16 < > (a) Your answer is correct. Straight-line for 2025 and 2026, assuming a December 31 year-end. (b) Straight-line method List of Accounts 59 $ Your answer is correct. 2025 2,400 2026 69 $ Declining-balance using double the straight-line rate for 2025 and 2026. Declining-balance method List of Accounts 2025 EA $ 9,600 2026 5200 $ 19500 3.33/5 Attempts: 1 of 2 used Attempts: 1 of 2 used Make Text Smaller (c) Units-of-activity for 2025, assuming machine usage was 2,820 hours. (Round depreciation per hour to 2 decimal places, e.g. 15.25 and final answers to O decimal places, e.g. 5,125.) Units-of-activity method 2025 List of Accounts Save for Later $ Attempts: 0 of 2 used Submit
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