View Policies Current Attempt in Progress Pharoah Company purchased a machine with a list price of $160000. They were given a 10% discount by the manufacturer. They paid $2500 for shipping and sales tax of $8000. Pharoah estimates that the machine will have a useful life of 10 years and a salvage value of $40000. If Pharoah uses straight-line depreciation, annual depreciation will be $11380 511450 O $10400 O $15450 Attempts: 0 of 1 used Submit