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Cheyenne Corp. purchased a new machine on October 1, 2022, at a cost of $131,000. The company estimated that the machine will have a
Cheyenne Corp. purchased a new machine on October 1, 2022, at a cost of $131,000. The company estimated that the machine will have a salvage value of $18,500. The machine is expected to be used for 10,000 working hours during its 5-year life. Straight-line method for depreciation expense for 2022 is 5625 My question is "Compute the depreciation expense under units-of- activity for 2022, assuming machine usage was 1,900 hours." The answer should be a depreciation expense this is for a study guide on wiley plus
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