Equipment with a cost of $220,000 has an estimated residual value of $30,000 and an estimated life of 10 years. It is to be depreciated by the straight-line method. How much depreciation expense will the firm record on December 31, 2019 if the equipment was purchased on April 1, 2019? O $14,250 O $9,500 0 $4,750 O $19,000