Wenner Furnace Corp. purchased machinery for $421,290 on May 1, 2012. It is estimated that it will have a useful life of 10 years, salvage value of $22,650, production of 362,400 units, and working hours of 25,000. During 2013, Wenner Corp. uses the machinery for 2,650 hours, and the machinery produces 38,505 units.