Rottino company purchased a new machine on october 1 2014, Ask an Expert

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Rottino Company purchased a new machine on October 1, 2014, at a cost of $120,000. The company estimated that the machine will have a salvage value of $13,400. The machine is expected to be used for 10,200 working hours during its 4-year life.Compute the depreciation expense under units-of-activity for 2014, assuming machine usage was 1,800 hours.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9960672

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