Question Completion Status Depreciation expense Income tax expense QUESTION 29 A company purchased a machine at the beginning of fiscal year 2011 for $50,000. The residual value of the machine is 0, and the useful Me is expected to be 5 years. If the company uses straight-line depreciation, what is the annual depreciation amount? 00 05,000 O 50,000 0 10,000 QUESTION 30 25 points Love A