On January 1 2008 a machine was purchased for $90000. Themachine has an estimate

On January 1 2008 a machine was purchased for $90000. Themachine has an estimated salvage value of $6000 and an estimateduseful life of 5 years. The machine can operate for 100000 hoursbefore it needs to be replaced. The company closed its books onDecember 31 and operates the machine as follows: 2008 20000 hrs;2009 25000 hrs; 2010 15000 hrs; 2011 30000 hrs; 2012 10000hrs.