119. On March 1, 2019 Suissie Company purchased a machine for $600,000. The machine was expected to have a 10-year useful life and $120,000 salvage value. If the company uses the double declining balance depreciation method, what is the correct depreciation expense for 2019? a. $80,000 b. $100,000 c. $96,000 d. $120,000 120. On January 1, 2018, Rahman Boating Equipment Company received $45,000 when it issued bonds. When the bonds mature in four years, Rahman will pay bondholders a face amount of $52,000. Based on this information, the bonds were issued at a: a. $4,000 discount b. $7,000 premium c. $4,000 premium d. $7,000 discount