Contingent liabilities that are reasonably possible are disclosed in the notes. True or False Marin Company purchases a machine ot the beginning of the year at a cost of $80,000. The machine is depreciated using the straight-line methoc The machine's usefullilfe is estimated to be 5 years with a $5,000 salvage value. Depreciation expense in year 4 is: Mumple Choice $64,000 515,000 so s75,000 2000