Mewolce5 Current Attempt in Progress On January 1, a machine with a useful life of 5 years and a salvage value of $ 25000 was purchased for $ 185000. What is the depreciation expense for year 2 under straight-line depreciation? O $ 96000. O $32000. O $ 111000. O $ 24000. Save for Later Attempts: 0 of 1 used Submit Answer What is the total stockholders' equity based on the following account balances? Common Stock $ 2500000 Paid-In Capital in Excess of Par 170000 Retained Earnings 640000 Treasury Stock 50000 O $ 2920000. O $3430000. O $ 2330000. $ 3260000