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Business, 15.04.2020 00:12 Requiem3327

Monty Corp. purchased a new machine on October 1, 2019, at a cost of $124,000. The company estimated that the machine will have a salvage value of $15,000. The machine is expected to be used for 10,000 working hours during its 4-year life.

(a) Compute the depreciation expense under straight-line method for 2019.

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Monty Corp. purchased a new machine on October 1, 2019, at a cost of $124,000. The company estimated...
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