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2 At the beginning of 2017, your company buys a $28,400 piece of equipment that it expects to use for 4 years. The equipment has

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2 At the beginning of 2017, your company buys a $28,400 piece of equipment that it expects to use for 4 years. The equipment has an estimated residual value of 4,000. The company expects to produce a total of 200,000 units. Actual production is as follows: 49,000 units in 2017, 54,000 units in 2018, 48,000 units in 2019, and 49,000 units in 2020. 2.5 points Required: a. Determine the depreciable cost. b. Calculate the depreciation expense per year under the straight-line method. c. Use the straight-line method to prepare a depreciation schedule. d. Calculate the depreciation rate per unit under the units-of-production method. e. Use the units-of-production method to prepare a depreciation schedule. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Required E Use the units-of-production method to prepare a depreciation schedule. (Do not round your Depreciation rate per unit.) Year Acquisition Cost 2017 2018 2019 2020 Depreciation Accumulated Net Book Expense Depreciation Value 28,400 s 5,880 $ 5,676 $ 22,724 $ 6,204 Xs 11,880 $ 16,520 X $ 6,600X 18,480 $ 9,920 X $ 7.920 X $ 26,400 $ 2.000 x C Required D RE

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