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ent 3: Chapter 9 Question 3 of 4 View Policies < Current Attempt in Progress -/1 11 Pharoah Company purchased a new machine on

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ent 3: Chapter 9 Question 3 of 4 View Policies < Current Attempt in Progress -/1 11 Pharoah Company purchased a new machine on October 1, 2024, at a cost of $189,000. The company estimated that the machine will have a residual value of $11,700. The machine is expected to be used for 10,000 working hours during its 5-year life. Pharoah Company's year-end is December 31. (a) Calculate the depreciation expense under the straight-line method for 2024. 2024 Depreciation expense $ eTextbook and Media e C 19C

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