Crane Company purchased equipment on January 1,2025 for $126,000. It is estimated that the equipment will have a $7,000 salvage value at the end of its 5 -year useful life. It is also estimated that the equipment will produce 140,000 units over its 5 -year life. Answer the following independent questions. (a) Compute the amount of depreciation expense for the year ended December 31, 2025 using the straight-line method of depreciation. Straight-line method per year