Current Attempt in Progress At the beginning of 2017, Mazare Company acquired euipment costing $120.000. It was estimated that this equipment would have a usefiltre of 6 years and a salvage value of $12.000 at that time. The straisht-line method of depreciation was considered the most appropriate love with this type of equipment Depreciation is to be recorded at the end of each year During 2019 the third year of the equipment's life, the company's engineers reconsidered their expectations and estimated that the equipment's useful life would probably be 7 years in totalinstead of years The estimated salva value was not changed at that time. However during 2022. the estimated salvage value was reduced to 55.000 Indicate how much depreciation expense should be recordedewch yn for this e pment, by completing the following table. Depreciation Expense Accumulated Depreciation Year 2017 3 2019 2021 2022 2023