The DEF Restaurant bought equipment on January 1, 2003. The restaurant has a calendar year-end. The equipment cost $29,000, has a residual value of $3,000, and has an estimated useful life of ten years. " What is the expense for the equipment for 2003 under the cash basis? Under the accrual basis, compute the equipment's depreciable base. What is depreciation expense for the equipment for 2003 under the accrual basis? Compute the book value of the equipment under the accrual basis on December 31, 2004