On January 1, 2018, Jordan, Inc. acquired a machine for $1,100,000. The estimated useful life of the asset is five years. Residual value at the end of five years is estimated to be $63,000. Calculate the depreciation expense per year using the straight-line method. O A $270.400 OB. $275,000 O c. $220,000 OD. $207,400 Click to select your