On Jan. 1, 2011, Racine Co. purchased equipment that cost 455,000 cash. The equipment had an expected useful life of heyrs. & salvage value of $4000. Assuming Racine depreciates its asse te under the straight line method, the amount of depreciation expenses appearing on the Dec. 31, 2018 income statement the amount of accumulated depreciation appearing sheet would be: - $8500 dep. + $17000 Accum dep. $ 17000 dep. + $17000 Accum dep +425500 Accum dep -$17000 dep $8500 Accum dep _$8500 dep on the Dec. 31 2018 balance + >