On October 1st, 2017, Dew Company placed a new asset into service. The cost of the asset was $80,000 with an estimated 8-year life and an $8,000 salvage value. Assuming a year-end of December 31, what is the depreciation expense for 2017 if Dew Company uses the straight-line method of depreciation

T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid, in part, based on the financial performance of their divisions. the south division normally sells to outside customers but, on occasion, also sells to the north division. when it does, corporate policy states that the price must be cost plus 20 percent to ensure a "fair" return to the selling division. south received an order from north for 300 units. south's planned output for the year had been 1,200 units before north's order. south's capacity is 1,500 units per year. the costs for producing those 1,200 units follow