MC Qu. 9-114 On September 1, Emil Rovey purchased a vehicle... On September 1, Emil Rovey purchased a vehicle for $40,000 with a residual value of $4,000. The estimated useful fe is 10 years and the company uses the straight-line method. What is the depreciation expense for the year ended December 317 (Round your arrower to the nearest whole dollar amount.) 00:58:06 Multiple Choice O $1,600 0 $1,467 O $4,400 $1,100 MacBook Air