8-30. On July 1st Jackson Hole Construction purchases a bulldozer for $285,000.00. The equipment has a 9 year life with a residual value of $15,000.00. Jackson Hole uses straight-line depreciation. (a) Calculate the depreciation expense and provide the example the journal entry for the first year ending December 31 st. (b) Calculate the annual depreciation expense for the following years and provide a example journal entry. (c) Calculate the last year's depreciation expense and provide the example journal entry