Sunland Ltd. purchased equipmenton January 1, 2015 at a cost of $196,950. The equipment has an estimated useful life of 10 years and a residual value of $9,050 Sunland realized that there was a declining demand for the product being produced by the equipment. Given this indicator of possible impairment, management determined that the recoverable amount of the asseton December 31, 2018 was $104, 110. The company uses the straight-line method of depreciation. Calculate the annual depreciation and the carrying amount at December 31, 2018 Annual depreciation $ Carrying amount $