A business purchased Equipment on 1/1. Equipment (Cost) Residual Value Estimated Useful Life in years Estimated Total Units produced DATA $ 200,000 25,000 10 Actual Units produced in year 1 They use the Sum of the Years Digits to record annual depreciation Which if the following statements is (are) true? 175,000 15,500 SELECT ALL CORRECT ANSWERS-INCORRECT ANSWERS ARE PENALIZED. Book Value at the end of the first year equals $168,182. Book Value at the end of the first year equals $ 174,546 Book Value at the end of the first year equals $ 143,182 The numerator for sum of the years digits depreciation equals 10. Depreciation expense for the year equals $31,818. Depreciation expense for the year equals $ 454. The numerator for sum of the years digits depreciation equals 1. SELECT ALL CORRECT ANSWERS- INCORRECT ANSWERS ARE PENALIZED. Book Value at the end of the first year equals $168,182. Book Value at the end of the first year equals $ 174,546. Book Value at the end of the first year equals $ 143,182 The numerator for sum of the years digits depreciation equals 10. Depreciation expense for the year equals $31,818 Depreciation expense for the year equals $ 454 The numerator for sum of the years digits depreciation equals 1. Depreciation expense for the year equals $36,364.. The denominator for sum of the years digits depreciation equals 10. The denominator for sum of the years digits depreciation equals 55