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Oriole Company purchased machinery on January 1,2025 , for $96,000. The machinery is estimated to have a salvage value of $9,600 after a useful life

image text in transcribed Oriole Company purchased machinery on January 1,2025 , for $96,000. The machinery is estimated to have a salvage value of $9,600 after a useful life of 8 years. (a) Your answer is correct. Compute 2025 depreciation expense using the straight-line method. Depreciation expense $ eTextbook and Media Solution Attempts: 3 of 3 usec (b) Compute 2025 depreciation expense using the straight-line method assuming the machinery was purchased on September 1 , 2025. Depreciation expense $

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