Chang Ltd. purchased a piece of equipment in 2018. Chang depreciated the equipment on a straight-line basis over a useful life of 10 years and used a residual value of \(\$ 12,000\). Chang's depreciation expense for 2019 was \(\$ 11,000\). What was the original cost of the equipment?

a. \(\$ 98,000\)

b. \(\$ 110,000\)

c. \(\$ 122,000\)

d. \(\$ 134,000\)