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Suppose that Oriole purchased a new machine on October 1, 2025 at a cost of $416,000. The company estimated that the machine has a salvage

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Suppose that Oriole purchased a new machine on October 1, 2025 at a cost of $416,000. The company estimated that the machine has a salvage value of $32,000. The machine is expected to be used for 320,000 working hours during its 8 -year life. Compute depreciation using the following methods in the year indicated

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