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On July 1,2024 , Entity A purchased portable ultrasound equipment for $38,000. The equipment is expected to last 6 years with a $2,000 salvage value.

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On July 1,2024 , Entity A purchased portable ultrasound equipment for $38,000. The equipment is expected to last 6 years with a $2,000 salvage value. The amount of depreciation expense recognized for the year 2024 would be (round to the nearest dollar if necessary): $3,000$3,167$6,000$6,333 On July 1,2024 , Entity A purchased portable ultrasound equipment for $38,000. The equipment is expected to last 6 years with a $2,000 salvage value. The amount of depreciation expense recognized for the year 2024 would be (round to the nearest dollar if necessary): $3,000$3,167$6,000$6,333

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