A plant asset was purchased on January 1 for $64000 with an estimated salvage value of 20000 at the end of its useful life. The current year's depreciation expense is $4000 calculated on the straight line basis and the balance of the Accurrulated Depreciation account at the end of the year is $20000. The remaining useful life of the plant assetis 11 years 5 years o years 16 years Current Attempt in Progress Grouper Corp, bought equipment on Manuary 1.2022. The equipment cost $480000 and an expected salve value of $70000 The life of the equipment was estimated to be your The depreciable cost of the quartient $74000 5370000 S400000 Soooo