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Solve (b) please Getz Company purchased a new machine on September 1,2022 , at a cost of $120,000. The company estimated that the machine will
Solve (b) please
Getz Company purchased a new machine on September 1,2022 , at a cost of $120,000. The company estimated that the machine will have a salvage value of $12,000. The machine is expected to be used for 10,000 working hours during its 5-year life. (a) Your answer is correct. Compute the depreciation expense under the Straight-line method for 2022, 2023, and 2024. (Round answers to 0 decimal places, e.g. 15250.) Depreciation expense for: 2022=$2023=$2024=$ List of Accounts Attempts: 1 of 2 used (b) Your answer is incorrect. Compute the depreciation expense under the Units-of-activity for 2022 , assuming machine usage was 700 hours. Depreciation expense for 2022=$ List of Accounts Assistance Used Last saved 15 hours ago. Attempts: 1 of 2 used Saved work will be auto-submitted on the due date. Autosubmission can take up to 10 minutes. (c) The parts of this question must be completed in order. This part will be available when you complete the part aboveStep by Step Solution
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