Equipment records for Johnson Machine Co. for the year follow. Johnson Machine uses the straight-line method of depreciation. In the case of acts agired the fifteenth day of the month, depreciation should be computed for the entire month. In the case of assets acquired after the fifth day of the month depreciation should be considered for the month in which the asset was acquired Asset Useful Life Date Purchased Truck Truck 2 years Purchase Price $20,650 2.310 12,400 4,020 37.520 Salvage Value 14,120 3,900 3,100 2.000 3,020 5 Tractor 1 Tractor 2 mary Apr 10 May June 10 September 0 10 Required 1. Calculate the depreciation for Johnson Machine as of December 20 12,950 X