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The cost of equipment purchased by Sweet, Inc., on June 1, 2017, is $105,910. It is estimated that the machine will have a $5,950salvage value

The cost of equipment purchased by Sweet, Inc., on June 1, 2017, is $105,910. It is estimated that the machine will have a $5,950salvage value at the end of its service life. Its service life is estimated at7years, its total working hours are estimated at49,980, and its total production is estimated at624,750units. During 2017, the machine was operated7,140hours and produced65,450units. During 2018, the machine was operated6,545hours and produced57,120units.

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