Depreciation Expense using DDB method

Purchased a fax machine of 1800.had a useful life of 3yrs & a salvage value of 300.use DDB depreciation method. Company offered to buy the fax machine for 1000.( proceeds received upon purchase)

On January 1, 2007, Kenyan Company had Notes Receivable of $11,000. The note receivable is from Brennan Company. It is a 4-month, 9% note dated December 31, 2006. During the year the following selected transactions occurred (Kenyan Company uses a periodic inventory system.). Jan. 5 Sold...

To record this period's depreciation expense . would this be close Depreciation expense......................38,217 Accumulate depreciation..........................38,217

Depreciation Expense and Accumulated Depreciation are classified, respectively, as