On January 1, Beta purchased equipment for $30,000, paying $10,000 cash, and issuing a 1-year, 10% note for the balance. The equipment has a 5-year life and no salvage value. Straight-line depreciation is used. Interest won't be paid until the note matures next January. At the end of the first year, the two AJEs that are recorded will result in total expenses (interest and depreciation combined) of how much? Group of answer choices $7,000 $6,000 The correct answer is not listed. $8,000 $9,000