Mohr Company purchases a machine at the beginning of the year at a cost of $24,000. The machine is depreciated using the straight-line method. The machine's useful life is estimated to be 5 years with a $4,000 salvage value. Depreciation expense in year 2 is:
A. $0.
B. $9,600.
C. $20,000.
D. $4,800.
E. $4,000.
Answer: E
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