35 A company acquired a new piece of equipment an January 1, 2009 at a cost of $200,000. The equipment is expected to have a useful life of 10 years, a residual value of $20,000 and is depreciated an a straight-line basis. On January 1, 2011, the equipment was appraised and determined to have a fair value of $190,000 and a residual value of $25,000 and a remaining useful life of 10 years. At what amount should the equipment be reported an the December 31, 2011 balance sheet under the IFRS cast model? A. $160,00 0 B. $150,130 0 C. $145,130 0 D. $140.00 0 E. $116,00