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Marigold A/S purchased a new machine on October 1, 2020, at a cost of 112,400. The company estimated that the machine will have a

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Marigold A/S purchased a new machine on October 1, 2020, at a cost of 112,400. The company estimated that the machine will have a residual value of 12,400. The machine is expected to be used for 10,000 working hours during its 5-year life. Your answer is incorrect. Calculate depreciable cost. (Round answer to 2 decimal places, eg. 12.50.) Depreciable cost eTextbook and Media T per hour

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