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Vaughn Company purchased a new machine on September 1, 2022, at a cost of $134,000. The compary estimated that the machine will have a salvage
Vaughn Company purchased a new machine on September 1, 2022, at a cost of $134,000. The compary estimated that the machine will have a salvage value of $13,000. 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: 202220232024$$$ eTextbook and Media List of Accounts Attempts: 1 of 3 used (b) Your answer is correct. Compute the depreciation expense under the Units-of-activity for 2022 , assuming machine usage was 830 hours. Depreciation expense for 2022 $ eTextbook and Media List of Accounts Attempts: 1 of 3 used (c) Compute the depreciation expense under the Declining-balance using double the straight-line rate for 2022, 2023, and 2024. (Round answers to O decimal ploces, e.g. 15250.) Depreciation expense for: 2022$ 2023$ 2024$
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