13 16 ? Moving to another question will save this response. Question 9 Cody Enterprises purchased equipment for $64,000, $800 shipping, and $5000 foundation/installation The equipment is estimated to have a residual value of $6,000 at the end of its 5-year useful life. Using the straight-line method, what is the amount of depreciation expense each year? O$13,960 O $12,760 $ 11,960 O $13,800 ? Moving to another question will save this response