Question 1 3 pts You have just bought a new push dozer for your equipment fleet. Its cost is $100,000. It has an estimated service life of 4 years. Its salvage value is $12,000. Calculate the depreciation for the first year using the straight-line method and the book value of the equipment at the end of the first year. $22,000 and $78,000 $22,000 and $56,000 $50,000 and $50,000 $25,000 and $75,000