39 of 50 View Policies Current Attempt in Progress -12 E A company purchased factory equipment on June 1, 2022 for $84500. It is estimated that the equipment will have a $12500 salvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2022 is O $3000. O $7200. O $3600. $4200. Save for Later Attempts: 0 of 1 used Submit