--/1 Question 4 View Policies Current Attempt in Progress On January 1, 2017, Shamrock Country Club purchased a new riding mower for $15,600. The mower is expected to have a 10-year life with a $2,500 salvage value. Prepare a tabular summary to record depreciation expense on December 31, 2017, if Shamrock uses straight-line depreciation. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Stockholders' Equity Retained Earnings Common Stock + Revenue - Expense - Dividend Amortization expense Depreciation expense Research & development expense Loss on disposal Gain on disposal eTextbook and Media Attempts: 0 of 3 used Save for Later Submit Answer Question 4 --/1 View Policies Current Attempt in Progress On January 1, 2017, Shamrock Country Club purchased a new riding mower for $15,600. The mower is expected to have a 10-year life with a $2,500 salvage value. Prepare a tabular summary to record depreciation expense on December 31, 2017, if Shamrock uses straight-line depreciation. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets = Liabilities + Cash + Equipment - Accum. Depr.- Equip. = + Common Stock + Revi Bal. $ to