49 2 pts Dane's Driving Range uses straight-line depreciation and closes its books every December 31. On January 1, 2019, Dane's purchased $180,000 of equipment with an estimated salvage value of $30,000 and an estimated useful life of six years. What is the book value of the equipment at December 31, 2020? O $180,000 $150,000 O$130,000 O $50,000 Question 50 2 pts Steenson Company uses straight-line depreciation and issues financial statements every December 31. On October 1, 2019, the company paid $80,000 cash for new equipment. The equipment had an estimated useful life of five years and an estimated salvage value of $20,000. What amount of depreciation expense will Steenson Company record in 2019? $3,000 $16,000 $12,000 $4.000