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Suppose that Pharoah purchased a new machine on October 1, 2025 at a cost of $249,600. The company estimated that the machine has a salvage

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Suppose that Pharoah purchased a new machine on October 1, 2025 at a cost of $249,600. The company estimated that the machine has a salvage value of $19,200. The machine is expected to be used for 192,000 working hours during its 8 -year life. Compute depreciation using the following methods in the year indicated. (a) Your answer has been saved, See score detalis after the due date. Attempts: 1 of 1 used (b) Declining -balance using double the straight-line rate for 2025 and 2026

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