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Maserati Corporation purchased a new machine for its assembly process on July 1,2022 . The cost of this machine was 150,000. The company estimated that

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Maserati Corporation purchased a new machine for its assembly process on July 1,2022 . The cost of this machine was 150,000. The company estimated that the machine would have a salvage value of $24,000 at the end of its service life. Its fe is estimated at 5 years and its working hours are estimated at 21,000 hours. Maserati depreciates the machine to the tearest fraction of a year. Year-end is December 31. Compute the depreciation expense for the entire useful life under the allnwine mathode [4] Double-declining balance

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