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part B please Question 3 Sarasota Company purchased a new machine on October 1, 2020, at a cost of $113,500. The company estimated that the

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Question 3 Sarasota Company purchased a new machine on October 1, 2020, at a cost of $113,500. The company estimated that the machine will have a salvage value of $13,500. The machine is expected to be used for 10,000 working hours during its 5 year life. (a) Your answer is correct. Compute the depreciation expense under straight-line method for 2020. (Round answer to 2020 Depreciation expense 5,000 SHOW SOLUTION SHOW ANSWER (b) Compute the depreciation expense under units-of-activity for 2020, assuming machine usage was 1,620 hours. (Round Intermediate calculations to 1 decimal place, e.g.10.1 and final answer to o decimal places, e.g. 2,125.) 2020 Depreciation expenses LINK TO TEXT SUBMIT ANSWER Attempts: 0 of 4 used SAVE FOR LATER

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