Question Help On June 30, 2018, Clooney Printers purchased a printer for $60,000. It expects the printer to last for four years and have a residual value of $12,000. Compute the depreciation expense on the printer for the year ended December 31, 2018, using the straight-line method. (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar) O A $15,000 OB. $6,000 OC. $12,000 OD. $7,000