Exercise 9-6 (Part Level Submission) Pina A/S purchased a new machine on October 1, 2017, at a cost of C113,000. The company estimated that the machine will have a residual value of C14,500. The machine is expected to be used for 10,812 working hours during its 4-year life. Your answer is correct. Collapse question part Calculate depreciable cost. (Round answer to 2 decimal places, e.g. 12.50.)