question archive Pina Colada Company purchased a new machine on October 1, 2022, at a cost of $114,900
Subject:BusinessPrice: Bought3
Pina Colada Company purchased a new machine on October 1, 2022, at a cost of $114,900. The company estimated that the machine will have a salvage value of $14.900. The machine is expected to be used for 10.000 working hours during its 5-year life. Compute the depreciation expense under straight-line method for 2022 2022 Depreciation expense