Question
Blossom Company purchased a new machine on October 1, 2025, at a cost of $92,100. The company estimated that the machine has a salvage
Blossom Company purchased a new machine on October 1, 2025, at a cost of $92,100. The company estimated that the machine has a salvage value of $7,260. The machine is expected to be used for 84,000 working hours during its 10-year life. (a) Compute depreciation using declining balance using double the straight-line rate for 2025 and 2026. (Round answers to 2 decimal places, eg 2,152.75.) 2025 Depreciation using the declining-balance method $ (b) eTextbook and Media Save for Later $ 2026 Attempts: 0 of 3 used Submit Answer The parts of this question must be completed in order. This part will be available when you complete the part above.
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