At December 31, 2019, Dynamic Exploration's balance sheet showed total PPE assets of $1,006,400 and total accumulated depreciation of $435,175 as detailed in the PPE Subledger below. Dynamic calculates depreciation to the nearest whole month. Required: Complete the schedule by calculating depreciation expense for 2020 for each asset and then determining the balance of accumulated depreciation at December 31, 2020. (Do not round intermediate calculations and round the final answers to nearest whole dollar.) Cost Information Depreciation Description Date of Purchase Depreciation Method1 Cost2 Residual Life Building May 2, 2014 S/L Modular Furniture May 2, 2014 S/L Truck Jan. 25, 2017 DDB 790,000 122,400 94,000 320,000 10 yr. 06 yr Balance of Accum. Deprec. Dec. 31, 2019 266,333 Depreciation Expense for 2020 Balance of Accum. Deprec. Dec. 31, 2020 115,600 17,000 8 yr. 53,242