i nees help with

a) year 2022 depreciation

b) deperciation Retained Earning

c) gain

- the answer is not 58800 or 588000 for the year 2022.

Problem 6-27 Computing and recording units-of-production depreciation LO 6-4, 6-5 Sabel Co purchased assembly equipment for $836,000 on January 1, 2018. Sabel's financial condition immediately prior to the purchase is shown in the following horizontal statements model The equipment is expected to have a useful life of 380,000 miles and a salvage value of $38,000. Actual mileage was as follows: 2018 2019 2020 2021 2022 74, eee 79,000 60. 54,000 28,000 Required a. Compute the depreciation for each of the five years, assuming the use of units of production depreciation b. Assume that Sabel earns $248,000 of cash revenue during 2018. Record the purchase of the equipment and the recognition of the revenue and the depreciation expense for the first year in a financial statements model like the preceding one. The first event is recorded as an example, C. Assume that Sabel sold the equipment at the end of the fifth year for $40,400. Calculate the amount of gain or loss on the sale. Required A Required B Required Compute the depreciation for each of the five years, assuming the use of units-of-production depreciation. (Do not round intermediate calculations.) Years 2018 2019 2020 2021 2022 Depreciation $ 155,400 $ 165,900 $ 120,000 S 113.400 Required A Required B Assume that Sabel earns $248,000 of cash revenue during 2018. Record the purchase of the equipment and the recognition of the revenue and the depreciat in a financial statements model like the preceding one. The first event is recorded as an example. (In the Cash Flow column, use the initials OA to designate investing activity, FA for financing activity, NC for net change in cash and NATO indicate the element is not affected by the event. Enter any decreases to acco sign.) SABEL CO Net Income Cash Flow Event Horizontal Statements Model for 2018 Balance Sheet Income Statement Assets Stockholders' Equity Revenue - Expense Book Value of Common Retained Cash Equipement Stock Earnings 980 000 080000 (836,000) 836,000 - OPINIO N 248,000. 0 0 248,000 248,000 0+ (155,400) - 0 - 1554001 - 392.000 680,600 - 980,000 248,000 2 48,000 - LL155,400 Balance Equipement Revenue Depercition Balance 248,000 (155,400) 92.000 NA (836,000) 218.000 OA ONA (588.000) NC Required A Required B Required c Assume that Sabel sold the equipment at the end of the fifth year for $40,400. Calculate the amount of gain or loss on the sale. Gain (Required B