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40. On September 30, 2024, Bricker Enterprises purchased a machine for $211,000. The estimated service life is 10 years with a $22,000 residual value.

40. On September 30, 2024, Bricker Enterprises purchased a machine for $211,000. The estimated service life is 10 years with a $22,000 residual value. The company records partial-year depreciation based on the number of months in service. Note: Do not round intermediate calculations. Depreciation for 2024 using the straight-line method is: A. $4,725. B. $14,175. C. $5,275. D. $16,725.

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