Optical equipment is purchased on December 1, 2018 for $7,500.00 The useful life for
this fixed asset is five years, with a salvage value of $1,500.00. A new computer is also
purchased on December 1, 2018 for $1,800.00. The useful life for this fixed asset is three
years with a salvage value of $50.00.
What will be the general journal entry to record depreciation on December 31, 2018
by using the straight-line method?