9. A company purchased equipment valued at $200,000 on January 1. The equipment has an estimated useful life of five years. The equipment is estimated to have a salvage value of $12,000. Assuming the straight-line method of depreciation expense, what is the book value at the end of the second year? Select one: O a $36,700 O b. $36.000 b O c. $37,600 Od $35,000