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39. Refer to Bellingham Incorporated's December 31, 2019 Balance Sheet shown below. Assets Current Assets Cash Inventory Accounts Receivables Total Current Assets Bellingham Incorporated Balance

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39. Refer to Bellingham Incorporated's December 31, 2019 Balance Sheet shown below. Assets Current Assets Cash Inventory Accounts Receivables Total Current Assets Bellingham Incorporated Balance Sheet as of December 31, 2019 Liabilities Current abilities $130,000 Accounts Payable $90,000 30.000 Notes Payable 110.000 40.000 Total Current Liabilities 5200,000 $250.000 Non-current Uabilities Debt 150,000 Owner's Equity 350.000 Common Stock 220,000 50.000 Retained Earnings 80,000 5650,000 Total Liabilities and Owner's Equity 5650,000 Non-current Assets Plant and Equipment (Net Patents (Net Total Assets Bellingham began 2019 with the following non-current asset balances: Plant and Equipment (net) $360,000, Patents (net) $55.000 No long-term assets were purchased or sold during the year What is the depreciation and amortization expense for 2019? $5,000 $10,000 $15.000 $20,000

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