Question 18 Not yet answered Marked out of 1.00 P Flag question Company RNR had a small machine that it purchased on 1/10/2018. The machine had a useful life of 6 years, and a salvage value of $ 5,000. On 31/12/2020, the balance sheet for RNR shows accumulated depreciation of $ 11,250. If the company uses the straight line depreciation method, what was the purchase cost of this machine? (Note: write your answer as a number only, with no commas or signs. If your answer is $ 1,000, write it as 1000)