Robert Parish Corporation purchased a new machine for its assembly process on August 1, 2014....
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Robert Parish Corporation purchased a new machine for its assembly process on August 1, 2014. The cost of this machine was $162,702. The company estimated that the machine would have a salvage value of $17,802 at the end of its service life. Its life is estimated at 5 years, and its working hours are estimated at 20,700 hours. Year-end is December 31.Compute the depreciation expense using the Sum-of-the-years'-digits for 2015 Method.
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