Question 20 3 pts On October 1, 2017. Sandhill Co. places a new asset into service. The cost of the asset is $103,500 with an estimated 5-year life and $22,500 salvage value at the end of its useful life. What is the depreciation expense for 2017 if Sandhill Co. uses the straight- line method of depreciation? O $20,700 O $10.350. O $4,050. O $5,175