Equipment was purchased for the cost of $765,000 on April 1. The company's fiscal year end is August 31. The equipment is estimated to have a five- year life and a $145,000 residual value. Based on experience, the equipment can produce 500,000 units of a product before it must be replaced. The actual units produced are: 2 No. of Units 95,000 175,000 145,000 90,000 65,000 Year 3 4 5 When answering the following questions, don't round your figures when doing calculations to avoid rounding errors. It is recommended that you prepare a depreciation table to determine your responses 1. Using the straight-line method, calculate the depreciation expense for year 1 (nearest dollar without comma, e.g. 15000): 124000 2. Using the straight-line method, calculate the depreciation expense for year 2 (nearest dollar without comma, e.g. 15000): 3. Using the straight-line method, calculate accumulated depreciation at the end of year 2 (nearest dollar without comma, e.g. 15000): 248000 4. Using the units-of-production method, calculate the depreciation expense for year 1 (nearest dollar without comma, e.g. 15000): 5. Using the units-of-production method, calculate the accumulated depreciation at the end of year 2 (nearest dollar without comma, e.g. 15000): 6. Using the units-of-production method, calculate the depreciation expense for year 4 (nearest dollar without comma, e.g. 15000): 7. Using the double diminishing-balance method, calculate the annual rate (nearest percentage without % symbol, eg. 25) 8. Using the double diminishing-balance method, calculate the depreciation expense for year nearest dollar without $ symbol. eg. 15000): e dyte method, calculate the depreciation expense for year 2 nearest dollar Without comma, eg 15000 3. Using the straight-line method, calculate accumulated depreciation at the end of year 2 (nearest dollar without comma, eg. 15000): 248000 4. Using the units-of-production method, calculate the depreciation expense for year 1 (nearest dollar without comma, eg. 15000): 5. Using the units-of-production method, calculate the accumulated depreciation at the end of year 2 (nearest dollar without comma, e.g. 15000): 6. Using the units-of-production method, calculate the depreciation expense for year 4 (nearest dollar without comma, eg. 15000). 7. Using the double diminishing-balance method, calculate the annual rate (nearest percentage without % symbol, e.g. 25) 8. Using the double diminishing-balance method, calculate the depreciation expense for year 1(nearest dollar without $ symbol, eg. 15000): 9. Using the double diminishing-balance method, calculate the carrying amount the end of year 1(nearest dollar without $ symbol, e.g. 15000): 10. Using the double diminishing-balance method, calculate the depreciation expense the last year (nearest dollar without $ symbol, eg. 15000)