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19) On January 1, 2019, SBA Inc. purchased a machine for $260,000. The machine's estimated life is six years, and its salvage value is $50,000.

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19) On January 1, 2019, SBA Inc. purchased a machine for $260,000. The machine's estimated life is six years, and its salvage value is $50,000. At the end of 2023, SBA Inc. made a $65,000 overhaul to the machine, extending its life by four additional years. What will be the Depreciation Expense of 2024? (Select 1X18.5pts) O $35,000 O $25,000 O $20,000 O $65,000 O None of the above

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