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On April 22, 2023, Crane Enterprises purchased equipment for $130,700. The company expects to use the equipment for 11,000 working hours during its four-year life

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On April 22, 2023, Crane Enterprises purchased equipment for $130,700. The company expects to use the equipment for 11,000 working hours during its four-year life and that it will have a residual value of $13,000. Crane has a December 31 year end and prorates depreciation to the nearest month. The actual machine usage was: 1,600 hours in 2023;2,500 hours in 2024;3,700 hours in 2025;2,500 hours in 2026 ; and 900 hours in 2027. Prepare a depreciation schedule for the life of the asset under the units-of-production method. (Round depreciation amount per unit to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 5,276.)

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