What will appear on Blossom's 2017 income statement with regard to this equipment?

Blossom Snowboarding Company Income Statement (Partial) For the Year Ended 2017
		$

What will appear on Blossom's 2017 balance sheet with regard to this equipment?

Blossom Snowboarding Company Balance Sheet (Partial)
Assets
		$
Add Less :
		$

Assuming no further impairments or recoveries, calculate the annual depreciation expense for the years 2018 to 2020. (Round depreciation rate to 2 decimal places, e.g. 15.75 and final answers to 0 decimal places, e.g. 5,275.)

		Depreciation Expense
2018		$
2019		$
2020		$

Wildhorse Snowboarding Company, a public company, purchased equipment on January 10,2020 , for $810,000. At that time, management estimated that the equipment would have a useful life of 10 years and a residual value of $50,000. Wildhorse uses the straight-line method of depreciation and has a December 31 year end. Wildhorse tested the equipment for impairment on December 31, 2024, after recording the annual depreciation expense. It was determined that the equipment's recoverable amount was $349,000, and that the total estimated useful life would be eight years instead of 10 , with a residual value of $10,000 instead of $50,000