Multiple Choice Question 94 ! Your answer is incorrect. Try again. A factory machine was purchased for $390000 on January 1, 2018. It was estimated that it would have a $75000 salvage value at the end of its 5-year useful life. It was also estimated that the machine would be run 36000 hours in the 5 years. The company ran the machine for 4500 actual hours in 2018. If the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2018 would be $48750. $78750 $30375 $75000. Click if you would like to Show Work for this question: Open Show Work