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Need part b answered pls Sunland Company purchased a new machine on October 1,2022 at a cost of ( $ 104,000 ). The company estimated
Need part b answered pls
Sunland Company purchased a new machine on October 1,2022 at a cost of \\( \\$ 104,000 \\). The company estimated that the machine has a salvage value of \\( \\$ 8,000 \\). The machine is expected to be used for 80,000 working hours during its 8 -year life. Compute depreciation using the following methods in the year indicated. (a) Your answer is correct. Straight-line for 2022 and 2023, assuming a December 31 year-end. (Round answers to 0 decimal place, e.g. 1520.) Attempts: 2 of 3 used Using multiple attempts will impact your score. \50 score reduction after attempt 2 (b) Declining-balance using double the straight-line rate for 2022 and 2023. Save for Later Attempts: 0 of 3 used Using multiple attempts will impact your score. \50 score reduction after attempt 2Step by Step Solution
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