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& A company buys an od ng for $3,000,000 on January 1, 2020. The life of the rig is 10 years and the expected cost
& A company buys an od ng for $3,000,000 on January 1, 2020. The life of the rig is 10 years and the expected cost to dimande the ng at the end of 10 years 5000.000 grent we at 10% $231,330) The appropriate interest rate for the company is 10% What expenses should be recorded for 2020 as a result of these events OA Depreciation expense of $300,000 and interest expense of $00.000 Os Depreciation expense of $360,000 OCDepreciation expense of $323,133 and interest expense of $23,133 OD Depreciation expense of $300,000 and interest expense of $23,133
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