Exercise95 KYour answer is incorrect. Try again Oriole Company purchased a new machine on October...
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Exercise95 KYour answer is incorrect. Try again Oriole Company purchased a new machine on October 1, 2017, at a cost of $68,880. The company estimated that the machine has a salvage value of $5,940. The machine is expected to be used for 70,400 working hours during its 6-year life Compute the depreciation expense under the straight-line method for 2017 and 2018, assuming a December 31 year end. (Round answers to 0 decimal places, e.g.5,275) 2017 2018 The depreciation expense under the straight-line method 5,68 20,85
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