Stacey Company operates a small manufacturing facility as a supplement to its regular service activities. At the beginning of 2021, an asset account for the company showed the following balances: Manufacturing equipment Accumulated depreciation through 2020 $75,300 43,200 In early January 2021, the following expenditures were incurred for repairs and maintenance: 870 10,700 Routine maintenance and repairs on the equipment Major overhaul of the equipment The equipment is being depreciated on a straight-line basis over an estimated life of 13 years, with a $5.100 estimated residual value. The company's fiscal year ends on December 31 S Required: 1. Calculate the depreciation expense for the manufacturing equipment for 2020. Depreciation expense S 5.400