Accounting

on CurrentAttemptInProgress Wildhorse Company acquires equipment at a cost of $46,900 on January 3, 2021. ome 20 Management estimates the equipment will have a residual value of $6,700 at the end of its 4-year useful life. Assume that the company uses the diminishing- Qu balance method and that the diminishing-balance depreciation rate is double the straight-line rate. S ill HI M Calculate the depreciation expense for each year of the equipment's life. (Do not leave any answer field blank. Enter O for amounts.) Sheri Filling 000 H Depreciation - 2021 $ MF Depreciation - 2022 $ Exp HP Depreciation - 2023 $ Sc Depreciation - 2024 $