Parker Company purchased an asset costing $45.000 on January 1. Year 1 The asset had an expected five year life and a $12 000 salvage value Based on this information, the amount of depreciation expense and accumulated depreciation appearing on the Year 2 financial statements would be (assume straight-line depreciation) Multiple Choice 0 S6600 and S6,600, respectively. $6.600 and $13,200 respectively $9.000 and $31800, respectively