8. On January 1, 2020, Powers Press purchased equipment at a cost of $12,000. The equipment had an estimated useful life of 4 years or 12,000 hours. The equipment will have a $2,000 salvage value at the end of its life. The depreciation expense for the year ending December 31, 2020, using the straight-line method would be ...........ons 2 a. $2,500 000.01 ......... onwoll A brutalne b. $3,000 C. $1,000 broon of old toolloonud os bomites i vist 2 d. $500 o nwoll loro ab 2008 do bot or tids bulbai blow db bed 0 20 m A oldalloon