1- A company purchased a machine for $15,000. It paid sales taxes and shipping costs of $1000 and nonrecurring installation costs amounting to $1200. At the end of three years, the company had no further use for the machine, so it spent $500 to have the machine dismantled and was able to sell the machine for $1500. (Depreciation problem) a. What is the cost basis for this machine b. The company had depreciated the machine on a Straight Line basis, using an estimated useful life of 5 years and $1000SV. By what amount did the depreciation deductions fail to cover the actual depreciation