Principles of Accounting 121/122/201/ Kimmel, Accounting, 6e Exercise 05 Waldhorse Co. purchased a new machine on october 1, 2017, at a cost of s88,000. The company estimated that the machine has a salvage value of $8.400. The machine is expected to be used for 71 500 working hours during its 8-year life, Compute the depreciation expense under the straight-line method for 2017 and 2018, assuming a December 31 year-end. (Round answers to 0 decimal places, e o. 52T5.) The depreciation expense under the straight-line method Question Attempts: o of 3 used OR LATER SueHITANSwu 2000-2017 by John sons, Inc. or related companies All rights reserved. All Rights Reuerved. a la