Sargent Corporation Bought Equipment On January 1, 2017. The Equipment Cost $540,000 And Had An Expected Residual Value Of $90,000. The Life Of The Equipment Was Estimated To Be 6 Years. The Depreciation Expense Using The Straight-Line Method Of Depreciation Is O A. $105,000. O B. $108,000. O C. $75,000. O D. None Of These Answer Choices Are Correct.

 

 

 

Sargent Corporation bought equipment on January 1, 2017. The equipment cost $540,000 and had an expected residual value of $90,000. The life of the equipment was estimated to be 6 years. The depreciation expense using the straight-line method of depreciation is O a. $105,000. O b. $108,000. c. $75,000. O d. none of these answer choices are correct.