V Show Time Remaining Hansen Co, bought new equipment on January 1, 2020 for $46,000, The equipment has a 10 year useful life and a residual value of 56,000. Using straight line depreciation what is depreciation expense for 2020? A 55,200 B. 54.000 C. 54,600 0.56,000 Reset Selection Mark for Review What's This? Part 11 of 24.01 Question 11 of 24 4 Points Glassware in bout a new furnace for blowing glass on June 1, 2020 for $30,000. The furnace has a useful life of 6 years and a residual value of 16.000 in straight line depreciation, what is depreciation expense for 20207 A 54,000 8. 52,333 $2.000 D. 52,017 Du DO 30