On January 1, Year 1, Anon Company paid $110,000 cash to purchase equipment. The equipment had an expected useful life of six years and an estimated salvage value of $8,000. Assuming that Anon depreciates its assets using the straight-line method of depreciation, the amount of depreciation expense appearing on the Year 4 income statement and the amount of accumulated depreciation appearing on the December 31, Year 4, balance sheet would be: anos Depreciation expense $17,000 $17,000 $68,000 $17,000 Accumulated depreciation $17,000 $68,000 $17,000 $51,000 Multiple Choice Option D O Optionc O Option B Option A