The AAA Company bought furniture for their new corporate headquarters. The furniture cost $40.400 and was purchased on January 1, 20 AAA pt $800 the furniture to be delivered and assembled. The expected useful life of the furniture is 7 years and the residual value is $4.400 The AAA Company uses the straight-line depreciation method to depreciate furniture What is the depreciation expense related to furniture in 2020? Multiple Choice $6.029 $5.771 $5,400 None of the other answers are comect