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Perdida Enterprises purchased equipment with a cost of $35,000 at the beginning of 2022. Perdida estimates a useful life of 5 years and a

Perdida Enterprises purchased equipment with a cost of $35,000 at the beginning of 2022. Perdida estimates a useful life of 5 years and a salvage value of $5,000. What book value will be reported on the balance sheet at 12/31/2023 (the end of the second year)? O a. $35,000 O b. $23,000 O c. $28,000 O d. $16,000

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