On January 1, 2022, Kingbird Country Club purchased a new riding mower for $16,200. The mower is expected to have a 10-year life with a $1,900 salvage value. Prepare a tabular summary to record depreciation expense on December 31, 2022, if Kingbird uses straight-line depreciation. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Bal. +A $ Cash +A Assets Equipment +A $ Accum. Depr. - Equip. = Liabilities + LA + + $ LA Common Stock Stockholders' Equity +A $ Retained Earnings Expense $ CA Revenue +A $ Dividend Depreciation expense Gain on disposal Research & development expense Amortization expense Loss on disposal Attempts: 0 of 3 used Submit