Help Save Required information The following information applies to the questions displayed below) Farmer Company purchased equipment on January 1 Year 1 for $121000. The machines are estimated to have a 5 year e and a salvage value of $18,000. The company uses the straight line method At the beginning of Year 4. Farmer revised the expected to eight years. What is the annual amount of depreciation expense for each of the remaining years in the machine's ? Multiple Choice O $2750 Oo oo $3.500 S4400 O $5.600