(Round to the nearest dollar. Don't put "$" and "," into the blank. Supporting working is not necessary) Equipment was purchased for $179820. Freight charges amounted to $14,000 and there was a cost of $40,000 for building a foundation and installing the equipment, lubricant fee of $10,000. It is estimated that the equipment will have a $60,000 salvage value at the end of its 6-year useful life. Depreciation expense each year using the straight-line method will be