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On January 1, 2059, The Rolling Stones (still the greatest rock'n'roll band in the history of the world) purchased new microphones for $66,800. Mick, Keith,

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On January 1, 2059, The Rolling Stones (still the greatest rock'n'roll band in the history of the world) purchased new microphones for $66,800. Mick, Keith, Charlie and Ron estimate that the band will be able to use these microphones for four years and perform 200 concerts. They further assume that after four years they can sell the microphones for $1,000. During 2059 , the Stones play 45 concerts. What is the depreciation on the microphones recorded during 2059, presuming that the band uses the units-of-production method

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