Exercise 9-6 (Part Level Submission) Rottino Company purchased a new machine on

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

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