Answer:
yearly depreciation expense using straight-line depreciation = $ 8000
Working notes for the above answer is as under
we have been given that,
A machine costing $54,000
with a 6-year life and
residual value was $6,000
depreciation expense using straight-line depreciation
= Cost -salvage value / life years
= 54000 -6000 /6 years
=8000 year
yearly depreciation expense using straight-line depreciation = $ 8000