DBB purchased new equipment on January 1, 2014. The equipment cost $4,400, had an estimated useful life of four years, and a residual value of $200. Using sum-of-the-years'-digits amortization, the amortization expense recorded at the end of 2016 should be:

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The Answer of DBB purchased new equipment on January 1, 2014. The equipment cost $4,400, had an estimated useful life of four years, and a residual value of $200. Using sum-of-the-years'-digits amortization, the amortization expense recorded at the end of 2016 should be:

DBB Purchased New Equipment on January 1, 2014