Wildhorse Company purchased a machine on July 1, 2026, for $33,040. Wildhorse paid $236 in title fees and delinquent county property taxes of $148 on the machine. In addition, Wildhorse paid $590 shipping charges for delivery, and $561 was paid to a local contractor to build and wire a platform for the machine on the plant floor. The machine has an estimated useful life of 6 years with a salvage value of $3,540. Determine the depreciation base of Wildhorse's new machine. Wildhorse uses straight-line depreciation. LA Depreciation base $

Wildhorse Company purchased a machine on July 1,2026 , for $33,040. Wildhorse paid $236 in title fees and delinquent county property taxes of $148 on the machine. In addition, Wildhorse paid $590 shipping charges for delivery, and $561 was paid to a local contractor to build and wire a platform for the machine on the plant floor. The machine has an estimated useful life of 6 years with a salvage value of $3,540. Determine the depreciation base of Wildhorse's new machine. Wildhorse uses straight-line depreciation. Depreciation base 5