CALC EXCEL OVERVIEW HELP 3 4 5 6789 10 11 12 13 14R 15 16 17 18 19 20R 21 22 23 24 25 7 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45H 46 47 48 0 51 52,531 541 551 56 57 58, 59 60 61 62 63.64 651 66 67 68,69 70 71 72 73 Equipment bought by Wilson Steam Generating Company 3 years ago was charged to equipment expense in error. The cost of the equipment was $100,000, with no expected salvage value and a 10-year estimated life. Wilson uses the straight line depreciation method on similar equipment. The error was discovered at the end of Year 3 prior to the issuance of Wilson's financial statements. After correction of the error, the correct carrying value of the equipment will be O $70,000 O $100,000 ? $30,000 O $80,000 2x399ss3sssississssisssssssssssSSSSS