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Chapter 7 Homework 4 Saved Help Save & Exit Submit Check my work 0.06 points El Tapitio purchased restaurant furniture on September 1, 2021, for

Chapter 7 Homework 4 Saved Help Save & Exit Submit Check my work 0.06 points El Tapitio purchased restaurant furniture on September 1, 2021, for $47,000. Residual value at the end of an estimated 10-year service life is expected to be $6,200. Calculate depreciation expense for 2021 and 2022, using the straight-line method, and assuming a December 31 year-end. (Do not round intermediate calculations.) Depreciation expense eBook Print References 2021 2022

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