what is the depreciation expense for Financial Statement Preparation Case Study Given below is a list of account balances for ABC Hospital System as of December $31,2023$ and $2022.$ Students must add accounts and subtotals as necessary to create properly formatted Financial Statements. For Depreciation Expense in $2022,$ students must first calculate the amount and then include it in a Financial Statement.

Property, Plant, and Equipment $($cost$)$ $$1,551,174$ $$1,465,030$

Accounts Payable $$330,972$ $$315,870$

Other Long Term Assets $$527,399$ $$317,874$

Bonds Payable, Long Term $$765,559$ $$602,664$

Accounts Recievable, Net $$241,175$ $$240,272$

Cash and Short Term Investments $$1,834,888$ $$1,746,513$

Accrued Payroll $$289,928$ $$234,428$

Accumulated Depreciation $$750,000$ $$734,000$

Net Patient Revenue $$18,536,614$ $$1,806,556$

Salaries and Wage Expense $$1,530,196$ $$1,446,314$

Supplies Expense $$90,012$ $$85,077$

Other Operating Expenses $$180,023$ $$170,155$

Cateteria and Gift Shop Sales $$83,977$ $$90,518$

Depreciation Expense $-$ $$15,000$

Gross Patient Revenue $$9,628,070$ $$9,032,780$

Interest Income $$20,000$ $$20,000$