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Culver Company purchased a new machine on October 1,2022 , at a cost of $113,600. The company estimated that the machine will have a salvage

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Culver Company purchased a new machine on October 1,2022 , at a cost of $113,600. The company estimated that the machine will have a salvage value of $13,600. The machine is expected to be used for 10,000 working hours during its 4 -year life. (a) Your answer is incorrect. Compute the depreciation expense under straight-line method for 2022

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