On January 1 Year Mimon Manufacturing Company purchased equipment with a st price of $20000 A total of $800 was paid for installation and testing During the first year, Milton paid $5.700 for insurance on the equipment and another $530 for routine maintenance and repairs Million uses the units of production method of depreciation Useful life is estimated at 100,000 un and e d ge SEO Durg Yeart the equipment produced 12.000 units What is the amount of depreciation for Year 17 Which of the following is not considered a "cost" of extending credit to customers? Multiple Choice The opportunity cost of lost interest O The possibility of unpaid accounts . The increased sales resulting from the extension of credit O Keeping the records for accounts receivable