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-710 Question 12 of 20 View Policies Current Attempt in Progress A company purchased factory equipment on April 1, 2018 for $167000. It is estimated that the equipment will have a $17000 salvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2018 is O $15000 O $16700 O $11250 O $12525 Attempts: 0 of 1 used Submit Answer Save for Later