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Splish Company purchased a new machine on September 1, 2022, at a cost of $143,000. The company estimated that the machine will have a salvage
Splish Company purchased a new machine on September 1, 2022, at a cost of $143,000. The company estimated that the machine will have a salvage value of $14,000. The machine is expected to be used for 10,000 working hours during its 5-year life.
C. Compute the depreciation expense under the Declining-balance using double the straight-line rate for 2022, 2023, and 2024. (Round answers to 0 decimal places, e.g. 15250.) Depreciation expense for: 2022 = $ 2023 = $ 2024 = $
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