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5 points A company purchased equipment valued at $825.000. Management estimates the couipment will produce four million 14.000.000) units over that useful life and that

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5 points A company purchased equipment valued at $825.000. Management estimates the couipment will produce four million 14.000.000) units over that useful life and that the machine will have a salvage value of 535.000 Assuming the units of production method of depreciation which of the following is the correct journal entry to record annual depreciation expense for the year 500.000 units were produced DR Accumulated Depreciation 598.750 CR Depreciation Expense 598.750 b. DR Depreciation Expense 5103. 125 CR Accumulated Depreciation $103 125 O COR Depreciation Expense 598.750 CR Accumulated Depreciation 59.750 DR Accumulated Depreciation 5103.125 CR Depreciation Expense 5103:125

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