Time Remainin Test: Test #4 - Chapters 8 & 9 This Question: 1 pt 21 of 30 (19 complete) On January 1, 2018, Jordan, Inc. acquired a machine for $1,030,000. The estimated useful life of the asset is five years. Residual value at the end of five years is estimated to be $58,000. Calculate the depreciation expense per year using the straight-line metho TO A. $206,000 OB. S194,400 jo C. $257,500 10 D. $252,400 Click to select your answer. O Type here to search 96 * Ne LO