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Current Attempt in Progress Oriole Company purchased machinery on January 1, 2020, for $96,000. The machinery is estimated to have a salvage value of $9.600

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Current Attempt in Progress Oriole Company purchased machinery on January 1, 2020, for $96,000. The machinery is estimated to have a salvage value of $9.600 after a useful life of 8 years, X Your answer is incorrect Compute 2020 depreciation expense using the sum-of-the-years-digits method. Depreciation expense 3600 e Textbook and Media x Your answer is incorrect. Compute 2020 depreciation expense using the sum-of-the-years-digits method, assuming the machinery was purchased on April 1.2020. (Round answer to decimal places, es 5,125.) Depreciation expense 10800 e Textbook and Media

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