-/13 Question 12 of 41 View Policies Current Attempt in Progress Novak Corp. purchased equipment on January 1, 2021 for $175,500. It is estimated that the equipment will have a $9,750 salvage value at the end of its 5-year useful life. It is also estimated that the equipment will produce 195,000 units over its 5-year life. Answer the following independent questions, (a) Compute the amount of depreciation expense for the year ended December 31, 2021 using the straight-line method of depreciation Straight-line method $ per year Save for Later Attempts: 0 of 1 used Submit