Determine straight line depreciation for partial period

Gotham Company purchased a new machine on October $1,2017,$ at a cost of $$100,000.$ The company

estimated that the machine has a salvage value of $$20,000.$ The machine is expected to be used for

$70,000$ working hours during its $8-$year life.

Instructions

Download the excel sheet below and enter your answer and upload it

Compute the depreciation expense under the straight$-$line method for $2017$ and $2018,$ assuming a

December $31$ year$-$end.

NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a $"?".$

Question C Answer Sheet$-1.$xlsx darr