Blossom Company purchased equipment on account on September 3, 2019, at an invoice price of $180,000. On September 4, 2019, it paid $3.700 for delivery of the equipment. A one-year. $1.975 insurance policy on the equipment was purchased on September 6, 2019. On September 20, 2019, Blossom paid $4,300 for installation and testing of the equipment. The equipment was ready for use on October 1, 2019 Blossom estimates that the equipment's useful life will be four years, with a residual value of $6,000. It also estimates that in terms of activity, the equipment's useful life will be 72.800 units. Blossom has a September 30 fiscal year end. Assume that actual usage is as follows: Year Ended September 30 2020 #of Units 15.400 23.700 20,000 14,600 2021 2022 2023 Blossom Company purchased equipment on account on September 3, 2019, at an invoice price of $180,000. On September 4, 2019, it paid $3.700 for delivery of the equipment. A one-year. $1.975 insurance policy on the equipment was purchased on September 6, 2019. On September 20, 2019, Blossom paid $4,300 for installation and testing of the equipment. The equipment was ready for use on October 1, 2019 Blossom estimates that the equipment's useful life will be four years, with a residual value of $6,000. It also estimates that in terms of activity, the equipment's useful life will be 72.800 units. Blossom has a September 30 fiscal year end. Assume that actual usage is as follows: Year Ended September 30 2020 #of Units 15.400 23.700 20,000 14,600 2021 2022 2023