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Marked out of 3.00 P Question 1 Not complete Flag question Revision of Depreciation Associated Clinic purchased a special machine for use in its laboratory

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Marked out of 3.00 P Question 1 Not complete Flag question Revision of Depreciation Associated Clinic purchased a special machine for use in its laboratory on January 2, 2013. The machine cost $114,000 and was expected to last 10 years. Its salvage value was estimated to be $6,000. By early 2015, it was evident that the machine will be useful for a total of only seven years. The salvage value after seven years was estimated to be $7,500. Associated Clinic uses straight-line depreciation. Compute the proper depreciation expense on the machine for 2015. Round your answers to the nearest do Depreciation Expense for 2015: $ Check

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