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Wildhorse Co. purchased a new machine on October 1,2022 , at a cost of $130,000. The company estimated that the machine will have a salvage

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Wildhorse Co. purchased a new machine on October 1,2022 , at a cost of $130,000. The company estimated that the machine will have a salvage value of $18,000. The machine is expected to be used for 10,000 working hours during its 5 -year life. (a) Compute the depreciation expense under straight-line method for 2022

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