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On October 1, 2018. Hobart Mig Co. purchased a press at a cost of $36.000. The drill press is expected to fost 10 years and

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On October 1, 2018. Hobart Mig Co. purchased a press at a cost of $36.000. The drill press is expected to fost 10 years and have all of 4,900 Compute depreciation expense for 2018 and 2019 assuming the sum of the years doigts method is used. Asume the company uses the year convention to partial years depreciation O $2,727 and 54,909, respectively $2,727 and 57,636, respectively $5,454 and 54,909, respectively O $2,727 and 55.182, respectively None of the above

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