. Jay Hawk, maintenance supervisor for Boston Insurance Co., has purchased a riding lawnmower and accessories to be used in maintaining the grounds around corporate headquarters. He has sent the following information to the accounting department. Cost of mower and         Date purchased    7/1/20  accessories $4,000 Monthly salary of   Estimated useful life 5 yrs  groundskeeper $1,100 Salvage value $0 Estimated annual        fuel cost $150 Compute the amount of depreciation expense (related to the mower and accessories) that should be reported on Boston’s December 31, 2020, income statement. Assume straight-line depreciation.

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