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Compute the depreciation expense under straight-line method

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Problem - Novak Corp. purchased a new machine on October 1, 2019, at a cost of $137,000. The company estimated that the machine will have a salvage value of $21,500. The machine is expected to be used for 10,000 working hours during its 4-year life. Compute the depreciation expense under straight-line method for 2019.

Reference no: EM132710855

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