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Could use some help. 5. On January 1, 2020, Widgets-R-Us purchased a machine for $600,000. The Company expects to use the machine to make 250,000

Could use some help.
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5. On January 1, 2020, Widgets-R-Us purchased a machine for $600,000. The Company expects to use the machine to make 250,000 widgets over the next three years. The estimated residual value of the machine at the end of the third year is $100,000. The corporation used the machine to make 75,000 widgets in 2020, 125,000 widgets in 2021 and 50,000 widgets in 2022. Calculate depreciation expense for 2021 if the company uses the units-of-production method of depreciation. (6 points) Depreciation expense Dec 31, 2021: Optional - Show calculations if you would like partial credit just in case the above answers is incorrect

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