a county acquires equipment for $16,000,000 at the beginning of 2015. the equipment has an 8-year life, no residual value. at the beginning of 2021 (6 years later), the equipment is sold for $9,000,000. use straight-line depreciation, if appropriate. the equipment is used for a parking garage and is reported in an enterprise fund. what is reported in the enterprise fund's operating statement, related to this equipment, in 2015? select one: a. the equipment is not reported in the operating statement b. expense of $16,000,000 c. expense of $2,000,000 d. expenditure of $16,000,000
