A piece of machinery cost $20,000. It is estimated that the machinery will have a useful service life of 9 years, and will be able to be sold at that time for $2,000. Under the straight line depreciation method the yearly depreciation for this machinery would be?

A piece of machinery cost $20,000. It is estimated that the machinery will have a useful service life of 9 years, and will be able to be sold at that time for $2,000. Under the straight line depreciation method the yearly depreciation for this machinery would be?