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Cullumber Company purchased a new machine on October 1,2027 , at a cost of $175,000. The company estimated that the machine will have a salvage

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Cullumber Company purchased a new machine on October 1,2027 , at a cost of $175,000. The company estimated that the machine will have a salvage value of $14,500. The machine is expected to be used for 10,000 working hours during its 5 -year life. Compute the depreciation expense under straight-line method for 2027

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