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Carla Vista Enterprises purchased equipment on March 15, 2021, for $71,150. The company also paid the following amounts: $550 for freight charges; $204 for insurance

Carla Vista Enterprises purchased equipment on March 15, 2021, for $71,150. The company also paid the following amounts: $550 for freight charges; $204 for insurance while the equipment was in transit: $1,891 for a one-year insurance policy: $1,959 to train employees to use the new equipment; and $2.776 for testing and installation. The company began to use the equipment on April 1. Carla Vista has estimated the equipment will have a 10-year useful life with no residual value. It expects to consume the equipment's future economic benefits evenly over the useful life. The company has a December 31 year end. Using the method chosen above, calculate the depreciation on the equipment for 2021. (Round answer to O decimal places, e.g 5,275.) Depreciation for 2021

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