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Oriole Company purchased a new machine on October 1,2019,at a cost of $132,000. The company estimated that the machine will have a salvage value of
Oriole Company purchased a new machine on October 1,2019,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. Compute the depreciation expense under straight-line method for 2019. (Round answer to O decimal places, e.g.2,125.) 2019 Depreciation expense
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