Crackling Fried Chicken bought equipment on January 2, 2018, for $42.000. The equipment was expected to remain in service for four years and to operate for 12.000 hours. At the end of the equipment's useful life. Crackling estimates that is residual value will be $6.000. The equipment operated for 1,200 hours the first year, 3.600 hours the second year, 4800 hours the third year, and 2.400 hours the fourth year. Read the requirements Accumulated Depreciation Book Value Date Straight-Line Depreciation Schedule Depreciation for the Year Asset Depreciable Useful Depreciation Cost Cost Life Expense 1-2-2018 12-31-2018 12-31-2019 12-31-2020 12-31-2021