Hale & Cartier, LLC purchased a office copier for $7,000 on July 1, 2022 with cash. The company will depreciate the copier over a 5 year life using the straight line method. As of December 31, 2022 how much depreciation expense will be recorded and how much accumulated deprecation on the balance sheet will be recorded?

Depreciation expense:

Accumulated depreciation:

As of December 31, 2023 how much will be recorded?

Depreciation expense:

Accumulated depreciation: