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Sarasota A/S purchased a new machine on October 1, 2020, at a cost of 114,900. The company estimated that the machine will have a residual
Sarasota A/S purchased a new machine on October 1, 2020, at a cost of 114,900. The company estimated that the machine will have a residual value of 14,900. The machine is expected to be used for 10,000 working hours during its 5-year life. Calculate depreciable cost. (Round answer to 2 decimal places, e.g. 12.50.) Compute the depreciation expense under the following methods for the year indicated
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