Refer to the data given for Butters Company in BE9–5. Assume the equipment was purchased on April 6, 2014, and that the company pro-rates depreciation to the nearest month. Using the straight-line method, calculate the depreciation expense (a) for each year of the equipment’s life, and (b) in total over the equipment’s life. 

Data from BE9-5,

Butters Company acquires equipment at a cost of $42,000 on January 3, 2014. Management estimates the equipment will have a residual value of $6,000 at the end of its four-year useful life. Assume the company uses the straight-line method of depreciation.