Maxx Company purchased an equipment on January 1, 2012. It is estimated that the equipment will have a useful life of 4 years and a salvage value of $2,000 The depreciation applicable to this equipment was 30,000 for 2014, computed by the sum of the years digits method. The purchase cost of the equipment was Gif you convert a fraction to a decimal, round it to 4 decimal places in the process of calculation)