Incorrect

Question $13$

$\frac{0}{5}$ pts

Gerald Gumbo owns Cajun Chili Corporation. Gerald has asked you to estimate depreciation for the next two years, so he can decide which method to use. The company purchased a new giant chili kettle on January $1,2018$ at a cost of $$160,000.$ The company estimates that the kettle will have a salvage value of $$40,000.$ The chili kettle is expected to produce $10,000$ batches of chili during its $4-$year estimated useful life, including $2,000$ batches in $2018$ and $3,000$ batches in $2019.$

What is depreciation expense for $2019$ using the straight$-$line method?

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