Wildhorse co. purchased a new machine on october 1, 2017, at a cost of $88,000. the company estimated that the machine has a salvage value of $8,400. the machine is expected to be used for 71,500 working hours during its 8-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.)
2017
2018
the depreciation expense under the straight-line method $ $
Answers: 3
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Wildhorse co. purchased a new machine on october 1, 2017, at a cost of $88,000. the company estimate...
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