On May 1, 2017, Pinkley Company sells office furniture for 80,000 cash. The office furniture originally cost 200,000 when purchased on January 1, 2009. Depreciation is recorded by the straight-line method over 10 years with a residual value of 20,000. What depreciation expense should be recorded on this asset in 2017? a. 6,000. b. 6,667. c. 9,000. d. 18,000.

correct Ans. (A) . please show your work