Question: Please answer question #13, SHOWING ALL WORK ACCORDINGLY. Thank you! Machinery was purchased for $380000. Freight charges amounted to $16000 and there was a cost

Please answer question #13, SHOWING ALL WORK ACCORDINGLY. Thank you!

Machinery was purchased for $380000. Freight charges amounted to $16000 and there was a cost of $36000 for buil&ing a foundation and installing the machinery. It is estimated that the machinery will have a $65000 salvage value at the end of its 4-year useful life. Depreciation expense each year using the straight-line method will be $82000 $78750 $108000 $91750

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