M.Roger is computing the depreciation expense of a piece of manufacturing equipment for the fiscal year ended December 31, 2020. The equipment was acquired on January 1, 2020. The following information was provided: Cost of equipment $1,200,000 Estimated residual value $200,000 Expected useful life 8 years Total productive capacity 800,000 units Production in FY 2020 135,000 units Expected production in the next 7 95,000 units each year years If the company uses the units-of-production method, the amount of depreciation expense on the income statement related to the manufacturing equipment is closest to: a) 118,750. b) 168,750. Oc) 202,500