On January 1, the Matthews Band pays $67.000 for sound equipment. The band estimates it will use this equipment for fibo years and perform 200 concerts. It estimatos that after five years it can sell the equipment for $2,000. During the first year, the band performs 55 concerts Compute the first-year depreciation using the units of production method. Select formula for the depreciation rate of Units of Production: Cost - Salvage value / Total units of production Calculate the first year depreciation expense Depreciation per concert $ 32500 Concerts in brist year 55 Depreciation in first year $ 17 875 Allegiant issues 12 20 year bonds with a pal value of $2.000.000 and semiannual interest payments in each separate situation determine whether the bond is issued at por value at a discount or at a premium Bond issued Premam Station Marcate for the bond is 115 Marate for the bond is 12 Market rate for the bond is 10% 2 scount