Multiple Choice =+B6B7/B8 =+(B6B7)/B8 =+(B6+B7)/B8 =+B6+B7/B8

c ment D 1 2 3 4 5 6 7 8 9 10 11 12 Jan _ 1 Cost Salvage value Estimated useful life(Years 20 ooo $20,000 ooo 6 Purchased equipment on January 1 of the current year Years Amount of straight-line depreciation reported on the December 31 income statement Amount of Accumulated Depreciation reported on the December 31 balance sheet Book value of Equipment reported on the December 31 balance sheet. Which formula in cell BIO correctly calculates the amount of straight-line depreciation expense reported on the December 31 income statement? Multiple Choice O O O O =+B6-B7/B8 =+B6+B7/B8