On January 1, 2018 Scout Consultants purchased equipment for $1,200,000. Scout expects the equipment to remain useful for 8 years and have a residual value of $200,000. Using the Straight Line method, calculate the depreciation expense for 2019 and the accumulated depreciation at the end of 2019.

Straight l. ine method, valculse the depreciatien expense fir 2019 and fle accumalatent depreciation at the end or 2019 . (6 pelme)