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On April 22, 2023, Blossom Enterprises purchased equipment for $130,100. The company expects to use the equipment for 11.000 working hours during its four-year life

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On April 22, 2023, Blossom Enterprises purchased equipment for $130,100. The company expects to use the equipment for 11.000 working hours during its four-year life and that it will have a residual value of $8,000. Blossom has a December 31 year end and prorates depreciation to the nearest month. The actual machine usage was: 1,200 hours in 2023;2,600 hours in 2024:4,000 hours in 2025;2.500 hours in 2026: and 900 hours in 2027. Prepare a depreciation schedule for the life of the asset under the straight-line method. (Round partial-period depreciotion rate to 4 decimal palces, eg. 15.2563\% and other answers to 0 decimal ploces, eg. 5,276.) repare a depreciation schedule for the life of the asset under the straight-line method. (Round portlal-perlod depieciduon rute wh decimal palces, eg. 15.2563% and other answers to 0 decimal ploces, eg. 5,276J

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