A piece of equipment is purchased for $18,000.00 and has a salvage value of $2,000.00. The estimated life is 10 years and the method of depreciation is straight-line. Shipping costs total $620.00 and installation costs are $590.00. The depreciation for year 2 is
$1721.00
$1800.00
$200.00
$1921.00
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