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Question 5) Megan Company purchased a new machine on August 1,2018, at a cost of $131,000. The company estimated that the machine has a salvage

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Question 5) Megan Company purchased a new machine on August 1,2018, at a cost of $131,000. The company estimated that the machine has a salvage value of $51,452, is expected to be used for 66,290 working hours, and will have a 7-year life. Instructions A) Compute the depreciation expense under the straight-line method for 2018, 2022, and 2025, B) Compute the depreciation expense under the double-declining balance method for 2018 and 2019. C) Compute the depreciation expense under the units-of-activity method for 2018, assuming machine assuming a December 31 year-end. Assume the DDB rate is 100% / 7 years x 2-28.57% usage was 4,444 hours. (record depreciation per unit to the nearest cent.)

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