QUESTION 29 The Husky Co. purchased a machine for $375,000. The company expects the service life of the machine to be 5 years. The anticipated residual value is $60,000. Suppose Husky Co. uses the straight line method to depreciate the machine in the first 3 years. In year 3, the firm recognized an impairment loss of $50,000 on the machine. After the impairment, the firm continue to use the straight line method to depreciate the machine. What is the depreciation expense in year 4? O A $42,000 O 8. $38,000 C. $63,000 OD.$68,000