TB MC Qu$.08-173($Static$)$ Martin Company purchases a machine...

Martin Company purchases a machine at the beginning of the year at a cost of $$60,000.$ The machine is depreciated using the straight$-$line method. The machine's useful life is estimated to be $4$ years with a $$5,000$ salvage value. Depreciation expense in year $4$ is:

Multiple Choice

$$15,000.$

$$13,750.$

$$55,000.$

$$60,000.$

$$0.$

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$13$ of $20$

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