·Depreciation Schedule Table:

Using the straight-line method, create a depreciation schedule for a piece of equipment purchased by DEF Inc. The equipment cost $50,000, has a useful life of 5 years, and an estimated salvage value of $5,000.

Year	Beginning Book Value ($)	Depreciation Expense ($)	Ending Book Value ($)
1	50,000	(50,000 - 5,000) / 5
2	60,000	(30,000 - 2,000) / 7
3	4,0000	(40,000 - 1,000) / 4
4	60,000	(50,000 - 5,000) / 3
5	30,000	(50,000 - 4,000) / 2

Calculate the total cost of goods sold (COGS) for DEF Company.