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Using the following information, calculate the receivables turnover ratio: What is the receivables turnover ratio? (Rol Luigi Industries Ine is the leading producer of high-end wood furniture for home and office use. Luigi has a 12/31 yearend. On January 1.2021 , Luigi purchases an industrial robotic lathe at a cost of $211,000. Luigi estimates the machine will have a salvage value of $18,000 and a useful life of 9 years or 1,600 working hours. Actual working hours of usage in 2021 was 450 hours. Compute depreciation expense for 2021 under the straight-line method Luigi industries inc, should recognize the following depreciation expense for 2021 under the straight line method: (Round your final answer to the nearest doflar)