2 0 Part 1 of 2 Required Information (The following information applies to the questions displayed below) Equipment costing $36,000 with a 4-year useful life and an estimated $6,000 salvage value is acquired and started operating on January 1. The equipment is estimated to produce 5,000 units of product during its life. It produced 750 units in the first year 00:12:26 Book Compute depreciation for the first year under straight-line, units-of-production, and double-declining balance, Complete this question by entering your answers in the tabs below. Required: Required 2 Required Compute depreciation for the first year under straight-line Choose Numerator Costminus salvage 30.000 Straight-Line Dopreciation Choose Denominator Estimated site years) Annual Depreciation Expense Depreciation expense 8.000 Required 2 > O Required information (The following information applies to the questions displayed below) Equipment costing $36,000 with a 4-year useful life and an estimated $6,000 salvage value is acquired and started operating on January 1. The equipment is estimated to produce 5,000 units of product during its life. It produced 750 units In the first year 15 Compute depreciation for the first year under straight-line, units-of-production, and double-declining-balance. Complete this question by entering your answers in the tabs below. Required: Required 2 Required 3 Compute depreciation for the first year under units-of-production. Select formula for the epreciation rate of Units of Production Calculate the first year depreciation expenses Depreciation per unit Units in first year Depreciation in fest year