8. * 5 points I VI ILGIII NY. JV. Goal Co. purchased a machine on July 1, 2007, for 400,000. The machine has an estimated useful life of five years and a salvage value of 80,000. The machine is being depreciated from the date of acquisition by the 150% declining-balance method. For the year ended December 31, 2007, Goal should record depreciation expense on this machine of O A. 120,000 O B. 80,000 O C. 60,000 O D.48,000