remain useful for only five more years.

Read the requirements.

Requirement $1.$ Record depreciation expense on the equipment for year $8$ by the straight$-$line method. zero value.$)$

Record the depreciation on the equipment for year $8.($Record debits first, then credits. Select the explanation on the last line of the journal entry table.$)$

Date $1$ Accounts and Explanation

Requirement $2.$ What is accumulated depreciation at the end of year $8?$

The accumulated depreciation at the end of year $8$ is $