?Maserati Corporation purchased a new machine for its assembly process on August 1, 2012. The cost of this machine was $150,000. The company estimated that the machine would have a salvage value of $24,000 atthe end of its service life. Its life is estimated at 5 years and its working hours are estimated at 21,000 hours. Production of 35000 units. Year-end is December 31.