On January 2, 2020, Seti Sports Equipment Ltd. purchased a branding equipment at a cost of $61,300. The delivery of the branding equipment cost $1,480. The equipment requirement to be customized for $4,820. The installation cost $1,100. Management estimates that equipment will remain in service for 6 years and have a residual value of $12,000. The equipment can be expected to brand 14,000 pieces in each period of the first four years and 12,000 pieces in each of the next two years. In trying to decide which depreciation method to use, Helen Seti requests a depreciation schedule for both, the straight-line and units-of-production method from you. . Requirement: Create the complete depreciation table for both methods (including Depreciation Expense, Accumulated Depreciation, Carrying Value). Please fill out the blanks below. After submitting the exam, upload your calculations to the dropbox. Blank #1: What is the total cost of the equipment? Blank #2: What is the depreciable amount? Blank #3: What is the annual straight-line depreciation amount? Blank #4: What is the depreciation expense in year 2 according to the units-of- production method? Blank #5: What is the depreciation expense in year 4 according to the units-of- production method? Required format: only enter numbers, no $-signs or commas. Round final results to total $-amounts. Blank # 1 Blank # 2 Blank # 3 Blank #4 Blank # 5 Blank # 6