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Sarasota Furnace Corp. purchased machinery for $ 2 6 6 , 3 0 0 on July 1 , 2 0 2 3 . It is

Sarasota Furnace Corp. purchased machinery for $266,300 on July 1,2023. It is estimated that it will have a useful life of 10 years,
residual value of $43,000, production of 127,600 units, and working hours of 55,825. During 2024, Sarasota uses the machinery for
7,000 hours, and the machinery produces 14,900 units. Sarasota has a calendar year end. calculate depreciation charge for 2024 under sum of the years digits method

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