A company purchased an equipment for $31,000 in January 2017. The estimated useful life of the equipment is 10 years with an estimated salvage value of $2,000 at the end of 10 years. The company depreciates its assets using straight-line method. Compute the depreciation expense for the company for the year. e. The depreciation expense for the year 2017 is $2,700. f. The depreciation expense for the year 2017 is $3,100. g. The depreciation expense for the year 2017 is $3,300. h. The depreciation expense for the year 2017 is $2,900