Question: Current Attempt in Progress Cullumber Company purchased a new machine on October 1,2025 , at a cost of $90.880. The company estimated that the machine

Current Attempt in Progress Cullumber Company purchased a new machine on October 1,2025 , at a cost of $90.880. The company estimated that the machine has a salvage value of $8,320. The machine is expected to be used for 72,700 working hours during its 8 -year life. Compute the depreciation expense under the straight-line method for 2025 and 2026, assuming a December 31 year-end

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