Hatfield Company purchased a computer on 2013 January 2
January 8th, 2018
Hatfield Company purchased a computer on 2013 January 2, for $10,000. The computer had an estimated salvage value of $3,000 and an estimated useful life of five years. At the beginning of 2015, the estimated salvage value changed to $1,000, and the computer is expected to have a remaining useful life of two years. Using the straight-line method, the depreciation expense for 2015 is:$1,4001,7502,2501,8003,100