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6 A machine is purchased on January 1, 2018, for $108,000. It is expected to have a useful life of ten years and a residual

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6 A machine is purchased on January 1, 2018, for $108,000. It is expected to have a useful life of ten years and a residual value of $14,000. The company closes its books on December 31. Under the g balance method, what is the total amount of depreciation to be expensed during the 2019 Mutiple Choice 2 00.46 46 $42,000 17,280 $86,400

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