Question
Blue SpA purchased a new machine for its assembly process on August 1, 2022. The cost of this machine was 183,000. The company estimated that
Blue SpA purchased a new machine for its assembly process on August 1, 2022. The cost of this machine was 183,000. The company estimated that the machine would have a residual value of 29,280 at the end of its service life. Its life is estimated at 5 years, and its working hours are estimated at 25,620 hours. Year-end is December 31. Compute the depreciation expense under the following methods. Each of the following should be considered unrelated. (Round depreciation rate per hour to 2 decimal places, e.g. 5.35 for computational purposes. Round your answers to 0 decimal places, e.g. 45,892.)
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