<h3 />
$13,400 is the first-year depreciation using the straight-line method.
<h3>Step 1</h3>
cost = $69,000
savage = $2,000
cost minus savage = $69,000 -- $2,000
⇒$67,000
⇒Estimated years = 5years
using the straight-line method formula.
<h3>
Step 2 </h3>
⇒first-year depreciation expense = $67,000 /5
⇒$13,400
thus, the depreciation using the straight-line method is $13,400
learn more about depreciation here <u>brainly.com/question/25806993</u>
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