Use the following information to antwer next two questions: Company U purchased equipment for $805,000 on january 1,2021 . The equipment is expected to have a six-year fife and a residual value of $50,000. Calculate the depreciation expense at the year ended December 31,2022 , assuming the company uses the sum-ofthe-year'-digits depreciation method (round to the nearest dollar): A. $180,762 B. $179,762 C. $181,762 D. $182,762 Using information above: Calculate the book value of the equipment for the year ended December 31,2022 , assuming the company uses the sum-of-the-vears'-digits depreciation method (round to the nearest dollar): A. $409,524 B. $408,524 C. $410,524 D. $411,524 Reset Selection