Blanchard Paper and Printing paid $40,000 for a top of the range industrial printer. It was fully installed and ready to use on the first day of the accounting period. The estimated useful life of this machinery is 8 years with a $2000 residual value. If the company uses the straight-line method of depreciation, the annual depreciation expense for the printer will be: a $4500 b. $5250 c. $5000 d. $4750 neti Como Cox Chege Search