Question: Current Attempt in Progress Your answer is incorrect. Sheffield Company purchased a machine on July 1 , 2 0 2 6 , for $ 3

Current Attempt in Progress
Your answer is incorrect.
Sheffield Company purchased a machine on July 1,2026, for $32,760. Sheffield paid $234 in title fees and delinquent county property taxes of $146 on the machine. In addition, Sheffield paid $585 shipping charges for delivery, and $556 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 $3,510.
Determine the depreciation base of Sheffield's new machine. Sheffield uses straight-line depreciation.
Depreciation base
$
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Current Attempt in Progress Your answer is incorrect. Sheffield Company purchased

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