10. Harris Company uses accrual accounting and closes its books every December 31. On July 1, 2021, Harris Company purchased machinery with a list price of $32,000. The company received a 10% discount off the list price for paying within the discount period. Harris paid $200 for shipping and sales tax of $1,500. The company estimated that the machinery would have a useful life of 10 years and a salvage value of $10,000. If Harris used straight-line depreciation, the company's depreciation expense at December 31, 2021, was a. $2,050. b. $2,036. c. $3,050. d. $1,025