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Wildhorse Machines reported the following information about two of its machines as of December 31, 2023. Machine # 1 # 2 Date Acquired Jan. 1.

Wildhorse Machines reported the following information about two of its machines as of December 31, 2023. Machine # 1 # 2 Date Acquired Jan. 1. 2014 July 1, 2023 Cost $1,040,000 156,000 Useful Life (in years) 20 5 Salvage Value $52,000 6.500
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Wilchorse Machines reported the following information about two of its machines as of December 31, 2023. Calculate the accumulated depreciation and book value of each asset on December 31, 2024

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