I need help with part B!

Cullumber Company purchased equipment on January 1, 2025 for $180,000. It is estimated that the equipment will have a $10,000 salvage value at the end of its 5-year useful life. It is also estimated that the equipment will produce 200,000 units over its 5-year life. Answer the following independent questions. (a) Your answer is correct. Compute the amount of depreciation expense for the year ended December 31, 2025 using the straight-line method of depreciation. Straight-line method $ 34000 per year

Cullumber Company purchased equipment on January 1,202 $ for $180,000. It is estimated that the equipment will have a $10,000 salvage value at the end of its 5 -vear useluil life. It is also estimated that the equipment will produce 200 000 units over its 5 -year life: Arower the following independent questions. (a) Youraniweriscorrect Compute the amount of depreciation expense for the vear ended December 31,2025 usine the straicht-Nne method of depreciation. Straight-line method peryear If 24,000 units of product are produced in 2025 and 32,000 units are produced in 2026 , what is the book value of the equiprnent at December 31, 2026? The compary uses the units-of-activity depreciation method. Book value at Decemper 31, 2026