Crane Company purchased equipment on account on September $3,2022,$ at an invoice price of $$181,000.$ On September $4,2022,$ it

paid $$3,800$ for delivery of the equipment. A one$-$year, $$1,900$ insurance policy on the equipment was purchased on September $6,$

$2022.$ On September $20,2022,$ Crane paid $$4,200$ for installation and testing of the equipment. The equipment was ready for use on

October $1,2022.$

Crane estimates that the equipment's useful life will be four years, with a residual value of $$16,500.$ It also estimates that, in terms of

activity, the equipment's useful life will be $86,250$ units, Crane has a September $30$ fiscal year end. Assume that actual usage is as

follows:

# of Units

$15\mathrm{.}410$

$23,710$

$20,010$

$28,020$

Year Ended September $30$

$2023$

$2024$

$2025$

$2026$