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Exercise 9-6 Blossom Company purchased a new machine on October 1, 2019,, at a cost of $135,000. The company estimated that the machine will have
Exercise 9-6 Blossom Company purchased a new machine on October 1, 2019,, at a cost of $135,000. The company estimated that the machine will have a salvage value of $20,500. The machine is expected to be used for 10,000 working hours during its 4-year life. Compute the depreciation expense under straight-line method for 2019. (Round answer to o decimal places, e.g. 2,125.) 2019 Depreciation expense LINK T TE VIDEO: SIMILAR EXERCISE Compute the depreciation expense under units-of-activity for 2019, assuming machine usage was 1,630 hours. (Round depreciable cost per unit to 2 decimal places, e.g. 0.50 and depreciation rate to 0 decimal places, e.g. 15%. Round final answer to 2 decimal places, e.g. 2,125.25.) 2019 Depreciation expense LINK T TE VIDEO: SIMILAR EXERCISE Compute the depreciation expense under declining-balance using double the straight-line rate for 2019 and 2020. (Round answers to 0 decimal places, e.g. 2,125.) 2019 2020 Depreciation pen
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