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View Policies Current Attempt in Progress Bonita A/S purchased a new machine on October 1, 2020, at a cost of 113,000. The company estimated that
View Policies Current Attempt in Progress Bonita A/S purchased a new machine on October 1, 2020, at a cost of 113,000. The company estimated that the machine will have a residual value of 13.000. The machine is expected to be used for 10,000 working hours during its 5-year life. Calculate depreciable cost. (Round answer to 2 decimal places, eg. 12.50.) Depreciable cost per hour eTextbook and Media Compute the depreciation expense under the following methods for the year indicated. (a) Straight-line for 2020. (b) Units-of-activity for 2020, assuming machine usage was 1,860 hours. Declining-balance using double the straight-line rate for 2020 and 2021. (c) 2020 2021 Straight-line method Units-of-activity method Declining-balance method eTextbook and Media Save for Later Attempts: 0 of 3 used Submit
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