X Current Attempt in Progress Pharoah Machines reported the following information about two of its machines as of December 31, 2023. Machine Date Acquired #1 (a) #2 Jan. 1, 2014 July 1, 2023 X Your answer is incorrect. PS 08 Starter SS....xls Annual depreciation $ eTextbook and Media Cost $720,000 List of Accounts 108,000 Calculate the annual depreciation for each asset using the straight-line method. Machine 1 Useful Life (in years) Kimmel Accou....pptx ^ 20 486,160.00 5 Salvage Value Kimmel Accou....pptx $36,000 Machine 2 4,500 38,640.00 Kimmel Accou....pptx A Kimmel Accou....pptx

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Current Attempt in Progress Pharoah Machines reported the following information about two of its machines as of December 31, 2023. Machine Date Acquired Jan. 1,2014 Cost $720,000 Useful Life (in years) Salvage Value 201 $36,000 #2 July 1, 2023 108,000 5 4,500 (a) x Your answer is incorrect. Calculate the annual depreciation for each asset using the straight-line method. Annual depreciation eTextbook and Media List of Accounts Machine 1 486,160.00 Machine 2 38,640.00 PS 08 Starter 5Sxis A Kimmel Accou pptx 4 L Kimmel Accou.pptx Kimmel Accou.pptx Kimmel Accou...pptx Current Attempt in Progress Pharoah Machines reported the following information about two of its machines as of December 31, 2023. Machine Date Acquired Jan. 1,2014 Cost $720,000 Useful Life (in years) Salvage Value 201 $36,000 #2 July 1, 2023 108,000 5 4,500 (a) x Your answer is incorrect. Calculate the annual depreciation for each asset using the straight-line method. Annual depreciation eTextbook and Media List of Accounts Machine 1 486,160.00 Machine 2 38,640.00 PS 08 Starter 5Sxis A Kimmel Accou pptx 4 L Kimmel Accou.pptx Kimmel Accou.pptx Kimmel Accou...pptx