Equipment costing $21,600 with a 5-year useful life and an estimated $3.600 salvage value is acquired and started operating on January 1. The equipment is estimated to produce 3.000 units of product during its life. It produced 450 units in the first year. Compute depreciation for the first year under straight-line, units-of-production, and double-declining-balance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute depreciation for the first year under straight-line. Choose Numerator: Straight-Line Depreciation Choose Denominator: Annual Depreciation Expense Depreciation expense Pauled 1 Required 2 >