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Pharoah Company purchased a new machine on September 1, 2022, at a cost of $145,000. The company estimated that the machine will have a salvage

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Pharoah Company purchased a new machine on September 1, 2022, at a cost of $145,000. The company estimated that the machine will have a salvage value of $14,000. The machine is expected to be used for 10,000 working hours during its 5-year life. (a) X Your answer is incorrect Compute the depreciation expense under the Straight line method for 2022, 2023, and 2024. (Round answers to decimal places, e.g. 15250) Depreciation expense for: 2022-$ 19333 2023 = $ 50267 2024 - $ 30160 Textbook and Media

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