A company purchased factory equipment on June 1, 2017, for $128,000. It is estimated that the equipment will have a $8.000 salvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2017, is O $12.00o. O $7,000 $6,000. O $5,000