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A company purchased a machine for $194,000 on October 1, 2021 The estimated service life is 10 years with a $20,700 residuol value. The company
A company purchased a machine for $194,000 on October 1, 2021 The estimated service life is 10 years with a $20,700 residuol value. The company records partial-year depreciation based on the number of months in service. Depreciation expense for the year anded December 31, 2021, using straight- line depreciation, is (Do not round your intermediate calculations. Round your answer to the nearest dollar amount) Multiple Choice $4230 $4,850 $3658 $14550
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