Business, 26.11.2019 20:31 tstaples02

Ivanhoe company purchased a new machine on october 1, 2017, at a cost of $77,980. the company estimated that the machine has a salvage value of $6,860. the machine is expected to be used for 72,900 working hours during its 7-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.)

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Ivanhoe company purchased a new machine on october 1, 2017, at a cost of $77,980. the company estima...

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