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Question 2 Bridgeport Company purchased a new machine on October 1, 2020, at a cost of $112,200. The company estimated that the machine will have
Question 2 Bridgeport Company purchased a new machine on October 1, 2020, at a cost of $112,200. The company estimated that the machine will have a salvage value of $12,200. The machine is expected to be used for 10,000 working hours during its 5-year life. Question 2 Your answer is correct. Compute the depreciation expense under straight-line method for 2020. (Round answer to o decimal places, e.g. 2,125.) 2020 Depreciation expense $15000 Attempts: 1 of 2 used Question 2 Compute the depreciation expense under units-of-activity for 2020, assuming machine usage was 1,890 hours. (Round intermediate calculations to 1 decimal place, e.g.10.1 and final answer to O decimal places, e.g. 2,125.) 2020 Depreciation expense $ Attempts: 0 of 2 used
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