Sandhill Co. purchased a new machine on October 1, 2022, at a cost of $80,010....
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Sandhill Co. purchased a new machine on October 1, 2022, at a cost of $80,010. The company estimated that the machine has a salvage value of 57,350 . The maching is expected to be used for 72,400 working hours during its 7 -year life. Compute the depreciation experse under the straight-line method for 2022 and 2023 , assuming a December 31 year-end. (Round answers to 0 decimal places, es 5,2753
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