Cambridge Company purchased a truck on January 1, 2018. Cambridge paid $16,000 for the truck. The truck is expected to have a $3,500 residual value and a 6-year life. Cambridge has a December 31 fiscal year end. Using the straight-line method, how much is the 2019 depreciation expense? (Enter only whole dollar values.)

Somerset Company acquired a piece of equipment with a list price of $200,000 for $160,000. Freight to Somerset's location was $6,000. Installation and testing costs were $6,500. An old piece of equipment was scrapped as a result of this new purchase. The old piece of equipment had a depreciated value (net book value) of $8,000. The new piece of equipment is expected to have a 10 year life and a salvage value of $15,000. What is the total value assigned to the new piece of equipment?