On June 10, 2020, Beta Corporation purchased machinery for $50,000. The useful life of this machinery is estimated at 5 years, with a $5,000 residual value. (1). Assume that Beta uses straight-line depreciation and the half-year convention. Depreciation expense recognized on this machinery will be: Select one: O a. $5,000 in 2020 and $10,000 in 2021 O bi $10,000 in 2020 and $10,000 in 2021 Oc.$9,000 in 2020 and $9,000 in 2021 O d. 54,500 in 2020 and $9,000 in 2021