Assignment Gradebook ORION Downloadable eTextbook anment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Multiple Choice Question 105 On November 1, 2021, Pharoah Company places a new asset into service. The cost of the asset is $69500 with an estimated 5-year life and $7500 salvage value at the end of its useful life. What is the depreciation expense for 2022 if Pharoah Company uses the straight-line method of depreciation? $12400. $3100 O $2067 30950 Click if you would like to Show Work for this question Coen Show Work Question Attempts: 0 of 1 used SAVE FOR LATES SUOMET ANSWER with home adidas standast 91200 HADI Search o son it 20 207 PM