Emir Company purchased equipment that cost $110.000 cash on January 1, Year 1 The equipment had an expected useful te of six years and an estimated salvage value of $8.000. Assuming that Emir depreciates its assets under the straight line method, the amount of depreciation expense appearing on the Year 4 income statement and the amount of accumulated depreciation appearing on the December 31, Year 4, balance sheet would be Depreciation Sponse $17,600 $17,000 $68,000 $17.000 Accumulated depreciation $17.688 $68,000 $17.000 $51, 500