On November 3, 2019, Kerry acquired and placed into service 7-year business equipment costing $80,000. In addition, on May 5, 2019, Kerry had placed in service a computer network costing $43,000. Kerry did not apply Section 179 or bonus depreciation. No other assets were purchased during 2019. Kerry purchased a new computer network July 10, 2021, for $57,000 and sold the old computer network (purchased 5/5/19) on September 1, 2021, for $22,000. The new computer network was the only asset acquired in 2021. Both the old and new computer networks are 5-year property. Answer the following question. Show and label your work! Round your answers to the nearest $1. No calculations = No credit. 1) What is Kerry's total depreciation expense deduction for 2021?