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Calculate the annual depreciation of equipment as of the December 3 1 year - end based on the following information, equipment costing $ 3 4

Calculate the annual depreciation of equipment as of the December 31 year-end based on the following information, equipment costing $345,000 was purchased and recorded on August 1, with an expected 5-year useful life, $15,000 residual value, and the ability ta produce 600,000 units during its life. 25,000 units were produced between August and the December year end. Enter your answers to the following questions and clearly label your answers as (a) to (d).a) Enter the depreciation amount using the straight-line method (input the amounts only - do not indude your calalations!b) Enter the depreciation amount using the units of production method (input the amounts only - do not indude your calculations).c) Enter the depreciation amount using the double diminishing balance method (input the amounts only do not include your calculations).d) Enter the journal entry in this format that is made to o record depreciation of the equipment: drtion of the equipment:(enter account name) and cr

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