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3.333 p QUESTION 2 ABC Corporation has the following information regarding a piece of manufacturing equipment that was purchased on January 1, 2017 Cost of

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3.333 p QUESTION 2 ABC Corporation has the following information regarding a piece of manufacturing equipment that was purchased on January 1, 2017 Cost of the equipment - $1,200,000 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 in 2020 if the company uses the units-of-production method of depreciation? $162,335 b.5141,429 $194595 d.5133.784 $160.541

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