Moving to another question will save this response. >> Question 5 3 points Save Answer On, Jan. 1, 2019, ABC Corporation begins using a new welding machine. The capitalized acquisition cost of the machine is $45,000. ABC plans to use the machine for 16 years, at which point its salvage value is expected to be $3,000. What is the annual depreciation expense for this machine, using the straight-line method? 1 Moving to another question will save this response. >>