9.22:

Franklin Corporation bought equipment on January 1^st, 2017 .The equipment cost $150,000 and had an expected salvage value of $30,000. The life of the equipment was estimated to be 6 years. The depreciable cost of the equipment is

• :

  $120,000.
• B :

  $150,000.
• C :

  $25,000.
• D :

  $30,000.