lowa Corporation shows the following information for its only piece of equipment included in its plant assets as of January 1, 2019: Cost ....... $20,000 Accumulated Depreciation..... ... 20,000 Useful life 10 years Salvage Value 0 Depreciation Method Straight -Line lowa continues to use the equipment through December 31, 2019. How much depreciation expense will appear in iowa's income statement for the year ended December 31, 2019? $0 $2,000 $1,000 $20,000 the amount cannot be determined