Mitchell Corporation bought equipment on January 1, 2022. The equipment cost $120,000 and had an expected salvage value of $20,000. The life of the equipment was estimated to be 6 years. Straight-line depreciation was used. Accumulated Depreciation at the end of the third year would be: Select one: a. $60,000 b. $40,000 c. $86,667 d. $70,000 e. $50,000 If Accumulated Depreciation has a normal ending balance of $29,000, credit postings of $22,000, and a normal beginning balance of $24,000, what were the debit postings? Select one: a. $36,000 b. $22,000 c. $17,000 d. $31,000 e. $27,000 Clear my choice