com/secured@lockdown d: AOL Assessment (ch 3,5,6) - 100 3... Seved Help Save a n January 1, 2014, Racine Company purchased equipment that cost $55,000 cash. The equipment had an expected useful life of six years and timated salvage value of $4,000. Assuming that Racine depreciates its assets under the straight-line method, the amount of depreciation exper pearing on the December 31, 2015 income statement and the amount of accumulated depreciation appearing on the December 31, 2015 balan eet would be: Depreciation Accumulated Expense Depreciation A) $8,500 $25.500 B) $8,500 $8,500 C) $8,500 $17,000 D) $25,500 $25,500