Question: View Policies Current Attempt in Progress On January 1, a machine with a useful life of four years and a salvage value of $25000

View Policies Current Attempt in Progress On January 1, a machine with a useful life of four years and a salvage value of $25000 was purchased for $125000. What is the depreciation expense for year 2 under straight-line depreciation? $25000. O $31250 O $12500. O $50000.

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