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Oriole Company purchased a new machine on October 1, 2022, at a cost of $132,000. The company estimated that the machine will have a

Oriole Company purchased a new machine on October 1, 2022, at a cost of $132,000. The company estimated that the machine will have a salvage value of $19,000. The machine is expected to be used for 10,000 working hours during its 5- year life. (a) * Your answer is incorrect. Compute the depreciation expense under straight-line method for 2022. Depreciation expense 2022 22,600 SUPPORT

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