Cullumber Company purchased equipment on account on September 3, 2022, at an invoice price of $182,000,0n September 4,2022. it paid $3.900 for delivery of the equipinent. A one-year, $1,905 insurance policy on the equipment was purchased on September 6 . 2022. On September 20, 2022. Cullumber paid \$4, 100 for installation and testing of the equipment. The equipment was ready for use on October 1,2022. Cullumber estimates that the equipment's useful life will be four years, with a residual value of $17,000. It also estimates that, in terms of activity, the equipment's useful life will be 69,200 units. Cullumber has a September 30 fiscal year end. Assume that actual usage is as follows