Martin Company purchases a machine at the beginning of the year at a cost of $63,000. The machine is depreciated using the straight-line method. The machine's useful life is estimated to be 5 years with a $5000 salvage value. Depreciation expense in year 4 is:
A. $58,000.
B. $0.
C. $11,600.
D. $50,400.
E. $12,600.
Answer: C
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