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Question 10 of 12 0/1 5 Show Attempt History Current Attempt in Progress Novak Corp. purchased a new machine on October 1, 2019, at a

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Question 10 of 12 0/1 5 Show Attempt History Current Attempt in Progress Novak Corp. purchased a new machine on October 1, 2019, at a cost of $137,000. The company estimated that the machine will have a salvage value of $21,500. The machine is expected to be used for 10,000 working hours during its 4-year life. (a) Your answer is incorrect. Compute the depreciation expense under straight-line method for 2019. (Round answer to O decimal places, e.g. 2,125.) 2019 Depreciation expense $

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