Suppose Canyon Buff Corp (CBC) has purchased a new piece of equipment worth $5191540. The equipment is expected to have a useful life of 5 years and a salvage value of $365363. Assuming that CBC uses straight line depreciation to determine depreciation expense for the equipment, what is the equipment's depreciation expense in year 1 ? Instruction: Type ONLY your numerical answer in the unit of dollars, NO \$ sign, NO comma, and round to the nearest whole number. E.g., if your answer is $7,001.56, should type ONLY the number 7002, NEITHER 7,001.6, \$7001.6, \$7,001.6, NOR 7001.56. Otherwise, Blackboard will treat it as a wrong