Plant Asset			Accumulated Depreciation
Land	$	400,000		$	0
Land improvements		195,000			55,000
Building		1,600,000			400,000
Machinery and equipment		1,258,000			455,000
Automobiles		160,000			117,000

	Transactions during 2013 were as follows:
a.	On January 2, 2013, machinery and equipment were purchased at a total invoice cost of $310,000, which included a $6,500 charge for freight. Installation costs of $37,000 were incurred.
b.	On March 31, 2013, a machine purchased for $68,000 in 2009 was sold for $41,500. Depreciation recorded through the date of sale totaled $28,900.
c.	On May 1, 2013, expenditures of $60,000 were made to repave parking lots at Pell's plant location. The work was necessitated by damage caused by severe winter weather.
d.	On November 1, 2013, Pell acquired a tract of land with an existing building in exchange for 10,000 shares of Pell's common stock that had a market price of $48 per share. Pell paid legal fees and title insurance totaling $28,000. Shortly after acquisition, the building was razed at a cost of $45,000 in anticipation of new building construction in 2014.
e.	On December 31, 2013, Pell purchased a new automobile for $17,750 cash and trade-in of an old automobile purchased for $23,000 in 2009. Depreciation on the old automobile recorded through December 31, 2013, totaled $17,250. The fair value of the old automobile was $4,250.

Required:

For each asset classification, prepare a schedule showing depreciation expense for the year ended December 31, 2013, using the following depreciation methods and useful lives:

Land improvementsStraight line; 15 years.

Building150% declining balance; 20 years.

Machinery and equipmentStraight line; 10 years.

Automobiles150% declining balance; 3 years.

Depreciation is computed to the nearest month and no residual values are used. (Do not round intermediate calculations.)

I am having issues coming up with the correct amount for Machinery and equipment below. Please help. I posted this question previously and got a response of "152508.3" for the Machinery and equipment and it was not correct. Thank You !

Here are the numbers I came up with. Missing the Machinery and equipment cost.

PELL CORPORATION

Depreciation Expense For the Year Ended December 31, 2013 Land Improvements = $13,000 Building = 90,000 Machinery and equipment = ??? |Automobiles = 21,500

Total depreciation expense for 2013 =