LO ESL. 30 pts poss On January 1, 2018, Jordan, Inc. acquired a machine for $1,000,000. The estimated useful life of the asset is five years. Residual value at the end of five years is estimated to be $56,000. Calculate the depreciation expense per year using the straight-line method. A. $244.800 B. $ 188,800 O C. $200.000 7 ET D. $250.000 On June 30, 2018. Clooney Printers purchased a printer for $53.000. It expects the printer to last for four years and have a residual value of $5,000. Compute the depreciation expense on the printer for the year ended December 31, 2018, using the straight-line method. (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) O A. $12.000 B. $6.000 C. $7,000 OD. $13,250