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Whispering Company purchased a new machine on September 1, 2022, at a cost of $130,000. The company estimated that the machine will have a salvage
Whispering Company purchased a new machine on September 1, 2022, at a cost of $130,000. The company 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) Compute the depreciation expense under the Straight-line method for 2022, 2023, and 2024. (Round answers to 0 decimal places. e.8. 15250.) Depreciation expense for: 202220232024$$$ Compute the depreciation expense under the Units-of-activity for 2022, assuming machine usage was 790 hours. Depreciation expense for 2022 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, eg. 15250.) Depreciation expense for: 2022$ 2023$ 2024
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