Mohr Company purchases a machine at the beginning of the year at a cost of $46,000. The machine is depreciated using the double-declining-balance method. The machine's useful life is estimated to be 8 years with a $4,000 salvage value. Depreciation expense in year 2 is: Multiple Choice $5,750. $10,500. $11,500. $8,625. $34,500. Martin Company purchases a machine at the beginning of the year at a cost of $76,000. The machine is depreciated using the straight-line method. The machine's useful life is estimated to be 4 years with a $9,000 salvage value. Depreciation expense in year 4 is: Multiple Cholce $19,000. $16,750. $67,000. $76,000. $0. Mohr Company purchases a machine at the beginning of the year at a cost of $24,000. The machine is depreciated using the units-of-production method. The company estimates it will use the machine for 5 years, during which time it anticipates producing 40,000 units. The machine is estimated to have a $4,000 salvage value. The company produces 9,000 units in year 1 and 6,000 units in year 2 . Depreciation expense in year 2 is: Multiple Cholce $4,000. $8,000. $9,600 $3,000 $14,400