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Wildhorse Co. purchased a new machine on October 1, 2025, at a cost of $88,000. The company estimated that the machine has a salvage value

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Wildhorse Co. purchased a new machine on October 1, 2025, at a cost of $88,000. The company estimated that the machine has a salvage value of $8,320. The machine is expected to be used for 71,500 working hours during its 8 -year life. Compute the depreciation expense under the straight-line method for 2025 and 2026 , assuming a December 31 year-end

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