Question 9

On September 19, 2020, Bramble Corp. purchased machinery for $473000. Salvage value was estimated to be $27000. The machinery will be depreciated over eight years using the sum-of-the-years'-digits method. If depreciation is computed on the basis of the nearest full month, Bramble should record depreciation expense for 2021 on this machinery of

$74333.

$101826.

$96014.

$96250.