Question 33 (1 point) Cutter Enterprises purchased equipment for $72,000 on January 1, 2018. The equipment is expected to have a five-year life and a residual value of $6.000. Using the straight-line method, depreciation for 2019 and the equipment's book value at December 31, 2019, would be: $14,400 and $43,200 respectively. $28,800 and $37,200 respectively. $13,200 and $39.600 respectively. $13,200 and $45,600 respectively