Current Attempt in Progress Carla Vista Co. purchased a new machine on October 1, 2025, at a cost of $108,100. The company estimated that the machine has a salvage value of $3,100. The machine is expected to be used for 100,000 working hours during its 10-year life. (a) Compute depreciation using declining-balance using double the straight-line rate for 2025 and 2026. (Round answers to 2 decimal places, e.g 2,152.75.) Depreciation using the declining-balance method $ 2025 2026

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Carla Vista Co. purchased a new machine on October 1, 2025, at a cost of $108,100. The company estimated that the machine has a
salvage value of $3,100. The machine is expected to be used for 100,000 working hours during its 10-year life.
(a)
Compute depreciation using declining-balance using double the straight-line rate for 2025 and 2026. (Round answers to 2 decimal
places, e.g 2,152.75.)
Depreciation using the declining-balance method $
2025
$
2026
Transcribed Image Text:Current Attempt in Progress Carla Vista Co. purchased a new machine on October 1, 2025, at a cost of $108,100. The company estimated that the machine has a salvage value of $3,100. The machine is expected to be used for 100,000 working hours during its 10-year life. (a) Compute depreciation using declining-balance using double the straight-line rate for 2025 and 2026. (Round answers to 2 decimal places, e.g 2,152.75.) Depreciation using the declining-balance method $ 2025 $ 2026
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