Blossom Company purchased equipment on account on September 3, 2022, at an invoice price of $191,000. On September 4, 2022, it paid $4,800 for delivery of the equipment. A one-year, $1,950 insurance policy on the equipment was purchased on September 6 , 2022. On September 20,2022 , Blossom paid $3,200 for installation and testing of the equipment. The equipment was ready for use on October 1, 2022. Blossom estimates that the equipment's useful life will be four years, with a residual value of $13,500. It also estimates that, in terms of activity, the equipment's useful life will be 92,750 units. Blossom has a September 30 fiscal year end. Assume that actual usage is as follows: (a) Determine the cost of the equipment. Prepare depreciation schedules for the life of the asset under the following depreciation methods: 1. straight-line 2. double diminishing-balance, assuming a rate of 50% 3. units-of-production (Round depreciable amount per unit to 2 decimal places, eg. 5.27 and the final answers to 0 decimal places, eg. 5,276.) 1. STRAIGHT-LINE DEPRECIATION