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2. On April 1, 2018, SAS Corp. purchased and placed in service a plant asset. The following information is available regarding the plant asset: 2

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2. On April 1, 2018, SAS Corp. purchased and placed in service a plant asset. The following information is available regarding the plant asset: 2 Acquisition cost $130,000 Estimated salvage value $15,000 Estimated useful life 5 years Using Straight-line method to calculate depreciation expense for the followings, please show your work! a. Year 2018 (Partial Year) Depreciation Expense $ (1 point) b. Year 2019 Depreciation Expense $ (1 point)

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