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Rottino Company purchased a new machine on October 1, 2017, at a cost of $116,000. The company estimated that the machine will have a salvage
Rottino Company purchased a new machine on October 1, 2017, at a cost of $116,000. The company estimated that the machine will have a salvage value of $11,000. The machine is expected to be used for 10,000 working hours during its 4-year life.
Compute the depreciation expense under straight-line method for 2017
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