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Rotino Company purchased a new machine on October 1. 2017, at a cost of Determine depreciation for 5150000. The company estimated that the machine will
Rotino Company purchased a new machine on October 1. 2017, at a cost of Determine depreciation for 5150000. The company estimated that the machine will have a salvage value of $12.000. partial periods. The machine is expected to be used for 10,000 working hours duing its 5-year life. LO 2) Compute the depreciation expense under the following methods for the year indicated XLS a) Sraight-line for 2017 ) Units-of-activity for 2017, assumine machine usage was 1,700 hours (c) Declining-balance using double ihe braight-line rate for 2017 and 2018
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