what is the depreciation expense for year 2 based on the given information?

2. The Haynes Company takes a full year's depreciation expense in the acquisition year and no depreciation in the disposal year. The following information is given on a depreciable asset: Jan 1, 20X3 Acquisition date Estimated useful life Residual value Cost Accumulated depreciation as of Dec $30,000 31, 20X3 5 years $20,000 $110,000