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

Banko Inc. manufactures sporting goods. The following information applies to a machine purchased on January 1, Year 1 : During Year 1, the machine produced 51,000 units and during Year 2, it produced 53,000 units. Banko Inc. manufactures sporting goods. The following information applies to a machine purchased on January 1, Year 1 : During Year 1, the machine produced 51,000 units and during Year 2, it produced 53,000 units