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Martinez Company purchased a new machine on October 1, 2020, at a cost of $113,700. The company estimated that the machine will havd a salvage

Martinez Company purchased a new machine on October 1, 2020, at a cost of $113,700. The company estimated that the machine will havd a salvage value of $13,700. The machine is expected to be used for 10,000 working hours during its 4-year life
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Exercise 10-06 a-c Martinez Company purchased a new machine on October 1, 2020, at a cost of $113,700. The company estimated that the machine will have a salvage value of $13,700. 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 2020. (Round answer to decimal places, e.g. 2,125.) 2020 Depreciation expense LINK TO TEXT Compute the depreciation expense under units of activity for 2020, assuming machine usage was 1,860 hours. (Round intermediate calculations to 1 decimal place, e.g.10.1 and final answer to o decimal places, e.g. 2, 125.) 2020 Depreciation expense LINK TO TEXT Compute the depreciation expense under declining balance using double the straight-line rate for 2020 and 2021. (Round answers to o decimal places, 0.9. 2.125.) 2020 2021 Depreciation expense $ Click if you would like to Show Work for this question: Open Show Work

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