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part C 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. Your answer is correct. Compute the depreciation expense under straight-line method for 2020. (Round ans 2020 Depreciation expense 2 5 ,000 W SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 1 of 4 used (b) Your answer is correct. Compute the depreciation expense under units-of-activity for 2020, assuming machine usage was 1,620 hours. (Round inte e.g.10.1 and final answer to decimal places, e.g. 2,125.) calculations to I decimal place, Your answer is correct. 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 decimal places, e.g. 2,125.) 2020 Depreciation expense 16200 SHOW SOLUTION SHOW ANSWER Attempts: 1 of 4 used (c) Compute the depreciation expense under declining balance using double the straight-line rate for 2020 and 2021. (Round answers to 2020 2021 decimal places Depreciation expense g. 2,125.) Attempts of fun

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