Question 8 1 Point A company purchased factory equipment on April 1, 2017 for 240,000, it is estimated that the equipment will have a 40,000 residual value at the end of its 10-year useful life, using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2017 is 24,000. B 15,750. 18,000 20,000