Kansas Enterprises purchased Equipment for $\backslash (\backslash$$ $60,000\backslash )$ on January $1,2018.$ The Equipment is expected to have a five $(5)$ year Service Life $($Useful Life$)$ and a Residual Value $($Salvage Value$)$ of $\backslash (\backslash$$ $5,000\backslash )$ at the end of the five $(5)$ years. Under the Straight$-$Line Method, Depreciation Expense for $2018$ is: