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Business, 18.11.2019 20:31 saltytaetae

Kansas enterprises purchased equipment for $60,000 on january 1, 2018. the equipment is expected to have a five-year life, with a residual value of $5,000 at the end of five years. using the straight-line method, depreciation expense for 2019 and the book value at december 31, 2019 would be: select one:
a. $11,000 and $33,000.
b. $12,000 and $36,000.
c. $12,000 and $31,000.
d. $11,000 and $38,000.

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