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Flounder A/S purchased a new machine on October 1,2020 , at a cost of 121,000. The company estimated that the machine will have a residual

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Flounder A/S purchased a new machine on October 1,2020 , at a cost of 121,000. The company estimated that the machine will have a residual value of 12,500. The machine is expected to be used for 10,000 working hours during its 5 -year life. Calculate depreciable cost. (Round answer to 2 decimal ploces, e. . 12.50.) Compute the depreciation expense under the following methods for the year indicated

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