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Sunland Company purchased a hot tub for $11,210 on January 1,...

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Accounting

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Sunland Company purchased a hot tub for $11,210 on January 1, 2016. Straight-line depreciation is used, based on a 6-year life and a $1,790 salvage value. In 2018, the estimates are revised. Sunland now feels the hot tub will be used until December 31, 2020, when it can be sold for $840. Compute the 2018 depreciation. Depreciation expense, 2018

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