Question 7 0.5 pts Davis Compay uses the units-of-activity method of depreciation. On January 1, 2019, Davis Company purchased equipment for $150,000 and recorded an estimated salvage value of $10,000 and an estimated useful life of four years or 10,000 hours. What amount of depreciation expense should Davis record in 2019 in the company uses the equipment for 2,700 hours? Do not enter a dollar sign or any commas