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Banko Inc. manufactures sporting goods. The following information applies to a machine purchased on January 1, Year 1: Purchase price $ 61,000 Delivery cost $

  • Banko Inc. manufactures sporting goods. The following information applies to a machine purchased on January 1, Year 1: Purchase price $ 61,000 Delivery cost $ 5,000 Installation charge $ 1,000 Estimated life 5 years Estimated units 155,000 Salvage estimate $ 5,000 During Year 1, the machine produced 51,000 units and during Year 2, it produced 53,000 units.

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