Current Attempt in Progress Sunland Company bought machinery on January 1, 2009, at a cost of $86,000. The machinery had an estimated life of 8 years and salvage value of $15,040. On January 1, 2014, Sunland estimates that the machinery will have a life of only 2 more years from January 1, 2014, and the salvage value is now estimated to be $3,760. Sunland uses straight-line depreciation. Compute the annual depreciation expense for 2014. Annual depreciation expense for 2014 $ Save for Later Attempts: 0 of 1 used Submit Answer