Question 1 of 6 View Policies Current Attempt in Progress Wildhorse Co. purchased a new machine on October 1, 2025, at a cost of $88,000. The company estimated that the machine has a salvage value of $8,320. The machine is expected to be used for 71,500 working hours during its 8-year life. Depreciation expense under the straight- line method Compute the depreciation expense under the straight-line method for 2025 and 2026, assuming a December 31 year- end. eTextbook and Media Save for Later Using multiple attempts will impact your score. 10% score reduction after attempt 2 -/1 $ 2025 I =: 2026 Attempts: 0 of 3 used Submit Answer

Wildhorse Co. purchased a new machine on October 1,2025, at a cost of $88,000. The company estimated that the machine has a salvage value of $8,320. The machine is expected to beused for 71,500 working hours during its 8 -year life. Compute the depreciation expense under the straight-line method for 2025 and 2026 , assuming a December 31 yearend