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A D G H M 4 1 Malik Compay purchased a machine on May 1, 2020, for $500,000. The machine has an estimated useful life of five years and a salvage value of $100,000. 2 The machine is being depreciated from the date of acquisition by the 150% declining-balance method. For the year ended December 31, 2020, Malik should 3 record depreciation expense on this machine of $80,000 b. $100,000 $133,333 7 $160,000 a. 5 6 C. d. 8