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On January 2, 2019, the Town Band acquires sound equipment for concert performances at a cost of $65,000. The band estimates it will use this

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On January 2, 2019, the Town Band acquires sound equipment for concert performances at a cost of $65,000. The band estimates it will use this equipment for four years, during which time it anticipates performing about 200 concerts. It estimates that after four years, it can sell the equipment for $2,000. During year 2019, the band performs 45 concerts. Compute the 2019 depreciation using the straight line method. 15,750 Compute the 2019 depreciation using the units of production method. 15,750 Compute the 2019 depreciation using the double declining balance method. 15,750 Compute the 2020 depreciation using the double declining balance method. 32,500 4

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