Question: Show Atten FINAALI Current Attempt in Progress Your answer is partially correct. Cullumber Company purchased a new machine on October 1, 2022, at a

Show Atten FINAALI Current Attempt in Progress Your answer is partially correct.

Show Atten FINAALI Current Attempt in Progress Your answer is partially correct. Cullumber Company purchased a new machine on October 1, 2022, at a cost of $66,000. The company estimated that the machine has a salvage value of $7.140. The machine is expected to be used for 72.000 working hours during its 6-year life. Compute the depreciation expense under the straight-line method for 2022 and 2023, assuming a December 31 year-end. (Round answers to 2 decimal places, es. 5,275.25) 2022 The depreciation expense under the straight-line method $ 2453 $ eTextbook and Media Save for Later a e 2023 9810 Attempts: 1 of 3 used Submit Answer ENG 843 PM 6/27/2020

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