08-32 AM/ 72 min. Multiple Cholce Questlon 129 Wildhorse Co. bought equipment for $240000 on January 1, 2016. Wildhorse estimated the useful ife to be 3 depreciation will be used. On 2017, wildhorse for 20172 uary 1, 2017, wildhorse decides that the business will use the equipment for a total of 5 years. What is the revised depreciaton expense equipment for a total of 5 years. What is the revised depreciation expense O $60000. o $32000. O $80000 O $40000. Click if you would like to Show Work for this question: Qpen Show Work SAVE FOR LATER Question Attempts: 0 of 1 used