(5 points) Orchid, Inc. purchased PPE on January 1, 2020 for $3,921,000. The production teams estimates that the asset will be used for 5 years to create 3,529,000 units. The finance team estimates that the asset can be sold at the end of its useful life for $314,000. Based on these estimates, what is the depreciation base on this asset if the company uses the straight-line method for calculating depreciation? (A 28) $721,400 $3,607,000 $1.02 There is not enough information to answer this question.