Problem $6-25$A $($Algo$)$ Accounting for depreciation over multiple accounting cycles: straight$-$line depreciation LO $6-2,6-5$

Bensen Company began operations when it acquired $$27,200$ cash from the issue of common stock on January $1,$ Year $1.$ The cash acquired was immediately used to purchase equipment for $$27,200$ that had a $$3,600$ salvage value and an expected useful life of four years. The equipment was used to produce the following revenue stream $($assume all revenue transactions are for cash$).$ At the beginning of the fifth year, the equipment was sold for $$4,140$ cash. Bensen uses straight$-$line depreciation.

$\backslash$table$[[,$Year $1,$Year $2,$Year $3,$Year $4,$Year $5],[$Revenue$,$$$7,410,$$$7,910,$$$8,110,$$$6,910,$$$0$