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A portion of Los Pollos Hermanos comparative balance sheet follows. What is the amount of...

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Accounting

A portion of Los Pollos Hermanos comparative balance sheet follows. What is the amount of depreciation expense you would expect to see on the 2018 income statement? No assets that were on the books at the end of 2017 were sold or otherwise disposed of in 2018.

Los Pollos Hermanos Balance Sheet as of December 31

2017 2018

Plant and Equipment $200,000 $250,000

Less: Accumulated Depreciation ($60,000) ($70,000)

Net Plant and Equipment $140,000 $180,000

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