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Kingbird, Inc. purchased a new machine on October 1, 2022, at a cost of $133,000....

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Accounting

Kingbird, Inc. purchased a new machine on October 1, 2022, at a cost of $133,000. The company estimated that the machine will have a salvage value of $19,500. The machine is expected to be used for 10,000 working hours during its 5-year life. (a) Your answer is incorrect. Compute the depreciation expense under straight-line method for 2022. Depreciation expense 2022
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Kingbird, Inc, purchased a new machine on October 1, 2022, at a cost of $133,000. The company estimated that the machine will have a salvage value of $19,500. The machine is expected to be used for 10,000 working hours during its 5-year life. (a) Your answer is incorrect. Compute the depreciation expense under straight-line method for 2022

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