At December $31,2018$ Velor Inc.$\text{'}$s balance sheet showed plant and equipment information as detailed in the schedule below. Velor Inc. calculates depreciation to the near

Please complete the schedule. Round depreciation per unit of production to the nearest cent.

$\backslash$table$[[$Cost Information,Depreciation$],[$Description Purchase Date Depreciation Method,Cost,Salvage Value,Life,Accum. Dep. Dec. Dep. Expense Accum. Dep. Dec.,,,$],[$Equipment March $2,2016,$Straight$-$line,$148,000,10,000,5$ years,$4,600,27,600,31,2019]]$

There have been no disposals or subsequent capital expenditures on the asset since the date of purchase.

For simplicity, assume that the asset is depreciated as an individual item and will not be broken down into parts and depreciated.

Marking:

Equipment Depreciation

The balance of the Accumulated Depreciation, Equipment account as of December $31,2018$ should be $$78,200,$ but you have not entered this. This will cost you $2$ marks.

The balance of the Accumulated Depreciation, Equipment account as of December $31,2019$ should be $$105,800,$ however the amount you entered was consistent with your