Question 9 / 20 A company puts a new machine into service on March 1. The machine cost $80,000 and has a useful life of 5 years. After 5 years, the company expects to trade it in for $20,000. Using straight-line depreciation, what's the depreciation expense for March? $16,000 513,000 $1,333 $1,000 $0 Question 9/20 A company puts a new machine into service on March 1. The machine cost $80,000 and has a useful life of 5 years. After 5 years, the company expects to trade it in for $20,000. Using straight-line depreciation, what's the depreciation expense for March? $16,000 $12,000 $1,333 51,000 SO