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Crane Inc., reported the following information about two of its machines as at December $31,2023.$ The new controller of the compar Wendy Weink, is proposing new estimates for the useful line and residual value of these machines for $2024.$

$\backslash$table$[[$Machine$,$Date Acquired,Cost,Useful Life $($in years$),$Residual Value$],[$Original$,$Proposed,Original,Proposed$],[$#$1,$Jan. $1,2015,$$$775,500,20,25,$$$37,780,],[$#$2,$Jan. $1,2023,129,910,5,4,$$$4,510,$$$3,640$