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E10-6 Rottino Company purchased a new machine on October 1, 2017, at a cost of...

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Accounting

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E10-6 Rottino Company purchased a new machine on October 1, 2017, at a cost of Detennine depreciation for $150,000. The company estimated that the machine will have a salvage value of $12,000. partial periods The machine is expected to be used for 10,000 working hours during its 5-year life. (LO 2) Instructions Compute the depreciation expense under the following methods for the year indicated. (a) Straight-line for 2017. (b) Units-of-activity for 2017, assuming machine usage was 1,700 hours. (c) Declining-balance using double the straight-line rate for 2017 and 2018. XLS

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