24) Consistent with the account balances reported in Exhibit 1 on pg. 5. Flint provides the following details of the fixed asset accounts at the beginning and end of 2018: Life Beginning of the year (12/31/2017): Cost AD Furniture $20,000 ($9,000) Office Equipment 30,000 (17,100) Vehicle #1 45,000 (39,375) $95,000 ($65,475) Method Straight Line Straight Line Units of Production Residual 6 years 10% of cost 5 years 5% of cost 72,000 miles 10% of cost fo End of the year (12/31/2018): Cost Furniture $18,000 Office Equipment 30,000 Vehicle #1 45,000 Vehicle #2 70,000 $163,000 AD ($8,100) (17,100) (39,375) 0 ($64,575) Method Straight Line Straight Line Units of Production Units of Production Actual Miles Life Residual driven-2018 6 years 10% of cost n.a. 5 years 5% of cost n.a. 72,000 miles 10% of cost 6,000 90,000 miles 10% of cost 18,000 24,000 In addition to buying a new vehicle (vehicle #2 above), on January 1, 2018 Flint sold a table (Furniture). Other than these two items there were no other fixed asset acquisitions or dispositions. How much depreciation should Flint record in 2018? A) $24,675 B) $24,000 C) $22,125 D) $22,425 E) $24,375