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Jarco purchases a piece of equipment on May 1, 2021, for $30,000. The equipment has an estimated useful life of eight years or 50,000

Jarco purchases a piece of equipment on May 1, 2021, for $30,000. The equipment has an estimated useful life of eight years or 50,000 units of production and an estimated residual value of $3,000. 9,500 units were produced in 2021. Calculate depreciation for 2021, using the units of production method: a. $5,700 b. $5,400 c. $5,130 d. Some other amount

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