Assume the company uses A company purchased a piece of machinery on January 1, 2020 for $20002 and determined it will use the machinery for 3140 hours during its useful life of 9 years. The machinery has a $2384 salvage value. Based upon this information, annual depreciation would be $ the straight-line method of depreciation. Round answer to the nearest whole number. Do not include any dollar signs, commas, or decimals in your answer. Mark for Review What's This