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Blue Company purchased a new machine on September 1, 2022, at a cost of $141,000. The company estimated that the machine will have a salvage

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Blue Company purchased a new machine on September 1, 2022, at a cost of $141,000. The company estimated that the machine will have a salvage value of $14,000. The machine is expected to be used for 10,000 working hours during its 5-year life, (c) Compute the depreciation expense under the Declining balance using double the straight-line rate for 2022 2023, and 2024. (Round answers to decimal places, eg. 15250) Depreciation expense for: 2022 - $ 2023 - $ 2024 - $ Save for Later Attempts: 0 of 1 used Submit

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