Kansas Enterprises purchased equipment for $76.500 on January 1, 2018. The equipment is expected to have a five-year life, with a residual value of $6,600 at the end of five years. Using the straight-line method, depreciation expense for 2019 and the book value at December 31, 2019 would be: O Multiple Choice $13,980 and $48,540. $15,300 and $39.300. $13,980 and $41,940. $15,300 and $45,900.