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Crane Compary purchased a new machine on October 1,2025 , at a cost of $94,100. The compary estimated that the machine has a salvage value

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Crane Compary purchased a new machine on October 1,2025 , at a cost of $94,100. The compary estimated that the machine has a salvage value of $2940. The machine is expected to ber used for 86,000 working hours during its 10 -yearlife. (a) 6. Vour aniwer is incortect Compute depreciation using dectining balance using double the straight-line rate for 2025 and 2026 . (Round answers to 2 decimal ploces, es.2.152.75 Here are selected 2025 transactions of Blue Corporation. Jan 1 Retired a plece of machinery that was purchased on January 1,2015. The machine cost $61,100 and had a useful ife of 10 years with no salvage value. June 30 Sold a computer that was purchased on lanuary 1,2023. The computer cost 536,000 and had a usefulifife of 4 vears with no salvage value. The computer was solas for $4,300cash depreciated based on a 5-year usefullife with as 4,100 salvage value. Journalize all entries required on the abowe dates, including entries to update depreciation on assets disposed of, where applicablo. Blue Corporation uses straight-line depreciation. (Lst all debit entries before credit entries. Record entries in the order displayed in the problenstatement: Creatit account tites dre oulomotically indented when amount is entered, Do not indent manually if no entry is required, select "No Entry' for the account tites and enter O for the amounts.)

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