Question: Compute the depreciation expense under declining balance using double the straight line rate for 2022 and 2023 Windsor, Inc. purchased a new machine on October

Compute the depreciation expense under declining balance using double the straight line rate for 2022 and 2023

Windsor, Inc. purchased a new machine on October 1,2022 , at a cost of $120,000. The company estimated that the machine will have a salvage value of $13,000. The machine is expected to be used for 10,000 working hours during its 5 year life

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