A Company purchased equipment on December 1, 2017 for $7,200 with a 2 years useful life. On March 1, 2019, the company decided to dispose the equipment. The equipment is depreciated under the straight-line method

Find :

Annual depreciation expense

Depreciation expense of the year 2017

Depreciation expense of the year 2018

Depreciation expense of the year 2019

Accumulated Depreciation at the disposal date

Book value at the disposal date: *

Assume that the equipment was sold for $2,100, what is the result of this disposal