At the beginning of 2014, Sarofim Company acquired equipment costing $109,200. It was estimated that this equipment would have a useful life of 6 years and a residual value of $10,920 at that time. The straight-line method of depreciation was considered the most appropriate to use with this type of equipment. Depreciation is to be recorded at the end of each year. During 2016 (the third year of the equipments life), the companys engineers reconsidered their expectations, and estimated that the equipments useful life would probably be 7 years (in total) instead of 6 years. The estimated residual value was not changed at that time. However, during 2019 the estimated residual value was reduced to $5,460. Indicate how much depreciation expense should be recorded each year for this equipment, by completing the following table.

Year		Depreciation expense		Accumulated depreciation
2014		$		$
2015
2016
2017
2018
2019
2020