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12. Able Al Co., purchased a new Whatsit on January 1 of 2019. It cost them $80,000, has an estimated salvage value of $10,000 and

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12. Able Al Co., purchased a new Whatsit on January 1 of 2019. It cost them $80,000, has an estimated salvage value of $10,000 and is expected to last 10 years. What is the balance in the accumulated depreciation account at the end of the fourth year? A. $ 32,000 B. $ 20,000 C. $ 28,000 D. $ 7,000 E. Some other number

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