Daniel Jackson, maintenance supervisor for Bonita Insurance Co., has purchased a riding lawnmower and accessories to be used in maintaining the grounds around corporate headquarters. He has sent the following information to the accounting department.

Cost of mower and accessories		$ 4,020		Date purchased		7/1/20
Estimated useful life		6 yrs		Monthly salary of groundskeeper		$ 1,040
Salvage value		$0		Estimated annual fuel cost		$ 130

Compute the amount of depreciation expense (related to the mower and accessories) that should be reported on Bonitas December 31, 2020, income statement. Assume straight-line depreciation.