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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