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3.3 QUESTION 4 ABC Corporation has the following information regarding a piece of manufacturing equipment that was purchased on January 1, 2017 Cost of the

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3.3 QUESTION 4 ABC Corporation has the following information regarding a piece of manufacturing equipment that was purchased on January 1, 2017 Cost of the equipment = 51,200,000 Estimated residual value - $210,000 Useful life - 7 years Total productive capacity - 1,850,000 units Estimated production in 2017 - 150,000 units Estimated annual production in 2018 and 2019 - 250,000 units per year Estimated annual production last 4 years - 300,000 units per year What is the annual depreciation expense for 2019 if the company uses the double declining balance method of depreciation? a. $121.429 b5244,898 C5167,251 d. 5174.927 e 5182,628

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