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On January 1, 2022, Sunland Corp, purchased equipment for $57000. It was expected to last 5 years, after which it will be sold for $4000,

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On January 1, 2022, Sunland Corp, purchased equipment for $57000. It was expected to last 5 years, after which it will be sold for $4000, it is expected to be used for a total of 10000 machine hours and was used for 700 hours during the year ended December 31.2022. The depreciation expense for 2022 using the units of production method will be 0 $3710 0.53990 $11500 510600

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