On 1/1/14, Nelson, Inc. purchases medical equipment for $300,000 with an estimated useful life of 8 years and a salvage value of $60,000. On 7/1/19, Nelson, Inc. determines that the medical equipment will actually lasts for a total of 10 years from the purchase date and will have a salvage value of $20,000. Assuming Nelson uses the straight-line method, how much depreciation expense should the company record in 2019