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Assume a fiscal year-end of September 30. Compute the annual depreciation charges over the asset's life applying each of the following methods. (Round answers to

image text in transcribedimage text in transcribedimage text in transcribed Assume a fiscal year-end of September 30. Compute the annual depreciation charges over the asset's life applying each of the following methods. (Round answers to 0 decimal places, e.g. 45,892 .) Sum-of-the-Years'-Digits Method 4. Mnuhla-Merlinino-Ralanro Mathnd On January 1,2023 , a machine was purchased for $100,000. The machine has an estimated salvage value of $5,920 and an estimated useful life of 5 years. The machine can operate for 112,000 hours before it needs to be replaced. The company closed its books on December 31 and operates the machine as follows: 2023, 22,400 hours; 2024, 28,000 hours; 2025, 16,800 hours; 2026, 33,600 hours; and 2027,11,200 hours. Compute the annual depreciation charges over the machine's life assuming a December 31 year-end for each of the following depreciation methods. (Round rate per hour to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 45,892.) 3. Sum-of-the-Years'-Digits Method

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