Question: Current Attempt in Progress Bramble Company purchased a machine on July 1, 2021, for $31,920. Bramble paid $228 in title fees and county property tax
Current Attempt in Progress Bramble Company purchased a machine on July 1, 2021, for $31,920. Bramble paid $228 in title fees and county property tax of $143 on the machine. In addition, Bramble paid $570 shipping charges for delivery, and $542 was paid to a local contractor to build and wire a platform for the machine on the plant floor. The machine has an estimated useful life of 6 years with a salvage value of $3.420 Determine the depreciation base of Bramble's new machine. Bramble uses straight line depreciation Depreciation base $
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