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Sandhill Company purchased a new machine on October 1, 2024, at a cost of $141,000. The company estimated that the machine will have a residual
Sandhill Company purchased a new machine on October 1, 2024, at a cost of $141,000. The company estimated that the machine will have a residual value of $9.300. The machine is expected to be used for 10,000 working hours during its 5-year life. Sandhill Company's year-end is December 31. Your answer has been saved. See score details after the due date. Calculate the depreciation expense under the straight-line method for 2024. 2024 Depreciation expense $ 26340 Calculate the depreciation expense under the units-of-production method for 2024. assuming machine usage was 1,900 hours. (Round depreciable amount per unit to 2 decimal places, e.g. 15.25 and final answer to 0 decimal places, e.g. 2,125.) 2024 Depreciation expense 6585 e Textbook and Media Attempts: 1 of 1 used (c) Compute the depreciation expense under the diminishing-balance method using double the straight-line rate for 2024 and 2025. 2025 2024 Depreciation expense
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