Orr Corporation purchased a new machine on October 1, 2017, at a cost of $145,000. The company estimated that the machine will have a salvage value of $55,000. The machine is expected to be used for 20,000 working hours during its 5-year life. Instructions: compute the depreciation expense for the year 2017 assuming that the company is using the straight-line method. (When writing your answer do not use commas or sign of the dollar. For example, if your answer is $1,500, write it as 1500)

I did not need any explaination Just the final answer

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