Equipment acquired on January 1, 2014, is sold on June 30, 2018, for $11, 200. The equipment cost $46, 500, had an estimated residual value of $6400, and an estimated useful life of 5 years. The company prepares financial statements on December 31, and the equipment has been depreciated using the straight-line method. On June 30, 2018, the company should record Depreciation Expense of: Select one: $2005. $0. $4650. $8020