Concord Company purchased equipment for $228,400 on October 1, 2025. It is estimated that the equipment will have a useful life of 8 years and a salvage value of $12,400. Estimated production is 40,000 units and estimated working hours are 20,000. During 2025, Concord uses the equipment for 500 hours and the equipment produces 1,000 units. Compute depreciation expense under each of the following methods. Concord is on a calendar-year basis ending December 31. (Round rate per hour and rate per unit to 2 decimal places, e.g. 5.35 and final answers to 0 decimal places, e.g. 45,892.) (a) Straight-line method for 2025 $enter a dollar amount rounded to 0 decimal places Incorrect answer (b) Activity method (units of output) for 2025 $enter