In 2026, the deprecation schedule would show a depreciation expense of $360,000.
<h3>What would be the deprecation expense for 2026?</h3>
The first step is to determine the accumulated deprecation up until 2026.
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
($7,200,000 - $400,000) / 8 = $850,000
Accumulated depreciation = $850,000 x 4 = $3,400,000
Book value at the beginning of 2026 = $7,200,000 - $3,400,000 = $3,800,000
Deprecation expense = ($3,800,000 - $200,000) / 10 = $360,000
To learn more about straight line depreciation, please check: brainly.com/question/6982430
