Carla Vista Company purchased equipment on account on September 3, 2019. at an invoice price of $199,000. On September 4, 2019. it paid $5,200 for delivery of the equipment. A one-year, $1.990 Insurance policy on the equipment was purchased on September 6, 2019. On September 20, 2019. Carla Vista paid $2,800 for installation and testing of the equipment. The equipment was ready for use on October 1, 2019. Carla Vista estimates that the equipment's useful life will be four years, with a residual value of $15,500. It also estimates that, in terms of activity, the equipment's useful life will be 95.750 units. Carla Vista has a September 30 fiscal year end. Assume that actual usage is as follows: # of Units Year Ended September 30 15,590 2020 23,890 2021 20,190 2022 36,980 2023 Determine the cost of the equipment. Cost of equipment $ 1. STRAIGHT-LINE DEPRECIATION End of Year Year Depreciable Amount Depr. Rate Depr. Expense Accum. Depr. Carrying Amount * 2020 $ 2021 2022 2023 *