Calculator Computer equipment was acquired at the beginning of the year at a cost of $52,800. It had an estimated residual value of $3,500 and an estimated useful life of five years. Determine the (a) depreciable cost, (b) straight-line rate, and (c) annual straight-line depreciation. a. Depreciable cost b. Straight-line rate c. Annual straight-line depreciation 9:41 PM 12/2/2019