HIT 2 of Concepts completed Multiple Choice Question McGinty's purchased a new machine for $318,000, paid $10,000 in sales tax, and $7.500 in delivery charges. The firm paid $3,400 to have the machine calibrated once it was set in place. The machine requires $5,600 of annual maintenance. What is the depreciable basis of the machine? O $353,500 O $347,900 O $344.500 O $340,400 Need help? Review these concept resources. Read About the Concept O