Multiple Choice Question 208 A factory machine was purchased for $75000 on January 1, 2017. It was estimated that it would have a $20000 salvage value at the end of its 5-year useful life. It was also estimated that the machine would be run 25000 hours in the 5 years. If the actual number of machine hours ran in 2017 was 2500 hours and the company uses the units-of-activity method of O $11000 o $7500. $15000 o $5500