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Answer please. thanks. Question 6 On June 9, 2016, Cullumber Company purchased manufacturing equipment at a cost of $344,960. Cullumber estimated that the equipment will

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Question 6 On June 9, 2016, Cullumber Company purchased manufacturing equipment at a cost of $344,960. Cullumber estimated that the equipment will produce 600,673 units over its 5-year useful life, and have a residual value of $14,590. The company has a December 31 fiscal year end and has a policy of recording a half-year's depreciation in the year of acquisition. Calculate depreciation under the straight-line method for 2016 and 2017. ( Round answers to 0 decimal places, e.g. 5,275.) Depreciation Expense 2016 2017 Calculate the depreciation expense under the double diminishing-balance method for 2016 and 2017. (Round answers to 0 decimal places, e.g. 5,275.) Depreciation Expense 2016 2017 Calculate the depreciation expense under the units-of-production method, assuming the actual number of units produced was 70,640 in 2016 and 118,120 in 2017. (Round cost per unit to 2 decimal places, e.g. 5.27 and round final answers to 0 decimal places, e.g. 5,275.) Depreciation Expense 2016 2017

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