Exercise 9-6 (Part Level Submission) Rottino Company purchased a new machine on
ID: 2558440 • Letter: E
Question
Exercise 9-6 (Part Level Submission)
Rottino Company purchased a new machine on October 1, 2017, at a cost of $134,000. The company estimated that the machine will have a salvage value of $20,000. The machine is expected to be used for 10,000 working hours during its 5-year life.
(a)
2017
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(b)
2017
Exercise 9-6 (Part Level Submission)
Rottino Company purchased a new machine on October 1, 2017, at a cost of $134,000. The company estimated that the machine will have a salvage value of $20,000. The machine is expected to be used for 10,000 working hours during its 5-year life.
Explanation / Answer
b Depreciation expense=(134000-20000)/10000*1910= $21774