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On January 1, 2015, a machine was purchased for $100,800. The machine has an estimated salvage value of $6,720 and an estimat

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Answer #1

Depreciation rate per hour = (Cost - Salvage value) /life in hours

= (100,800-6720)/112,000 = 0.84 per hour

2015
2016 (28,000*0.84) 23,520
2017 (16,800*0.84) 14112
2018 (33,600*0.84) 28224
2019 (11,200*0.84) 9408
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