Question: On January 1 , 2 0 2 3 , a machine was purchased for $ 1 0 2 , 5 0 0 . The machine
On January a machine was purchased for $ The machine has an estimated salvage value of and useful life of years. The machine can operate for hours before it needs to be replaced. The company closed its books on December and operates the machine as follows: hours; hours; and hours. Assume a fiscal yearend of September Compute the annual depreciation charges over the assets life applying each of the following methods. Round answers to decimal places, eg Straightline Method Sumoftheyears'digits method, and Doubledecliningbalance method.
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