on January 1, 2017 STL purchase a equiptment for $60,000 with an estimated recidual useful life of 5 years and a value of $2,000. Under the strai the straight line depreciation method, what is the annual depreciation expense the equipament? for

on January 1, 2017 STL purchased equiptment for $60,000 with an estimated usctullife of 5 years and a recidual value of $2,000. Under the straight line depreciation method, what is the annual depreciation expense for the equiptment