$[$The following information applies to the questions displayed below.$]$

The following events apply to Gulf Seafood for the Year $1$ fiscal year:

The company started when it acquired $$18,000$ cash by issuing common stock.

Purchased a new cooktop that cost $$12,900$ cash.

Earned $$20,700$ in cash revenue.

Paid $$10,300$ cash for salaries expense.

Adjusted the records to reflect the use of the cooktop. Purchased on January $1,$ Year $1,$ the cooktop has an expected

useful life of four years and an estimated salvage value of $$2,400.$ Use straight$-$line depreciation. The adjustment was

made as of December $31,$ Year $1.$

b$.$ What amount of depreciation expense would Gulf Seafood report on the Year $1$ income statement?

C$.$ What is the accumulated depreciation?