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Bramble Corp. purchased a new machine on October 1, 2022, at a cost of $126,000....

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Accounting

Bramble Corp. purchased a new machine on October 1, 2022, at a cost of $126,000. The company estimated that the machine will have a salvage value of $16,000. The machine is expected to be used for 10,000 working hours during its 5-year life.

Compute the depreciation expense under straight-line method for 2022.

2022
Depreciation expense $enter depreciation expense amount in dollar

eTextbook and Media

Compute the depreciation expense under units-of-activity for 2022, assuming machine usage was 1,610 hours. (Round depreciable cost per unit to 2 decimal places, e.g. 0.50 and final answer to 0 decimal places, e.g. 2,125.)

2022
Depreciation expense $enter depreciation expense amount in dollar

eTextbook and Media

Compute the depreciation expense under declining-balance using double the straight-line rate for 2022 and 2023.

2022

2023
Depreciation expense $enter depreciation expense amount in dollar $enter a dollar amount

eTextbook and Media

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