(Solution) - Franklin Company purchased a machine on January 1 2008 paying -(2025 Original AI-Free Solution)

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Franklin Company purchased a machine on January 1, 2008, paying $150,000. The machine was estimated to have a useful life of eight years and an estimated salvage value of $30,000. In early 2010, the company elected to change its depreciation method from straight-line to sum-of the-years?-digits for future periods. What should be the charge for depreciation for 2010?