On January 2,2017, the Matthews Band acquires sound equipment for concert performances at a cost of $65.200. The band estimates it will use this equipment for five years, during which time it anticipates performing about 200 concerts It estimates that after five years it can sell the equipment for $2,000 During year 2017, the band performs 55 concerts Compute the year 2017 depreciation using the units-of-production method formula for the rate of Units of Production: Depreciation per concert Concerts in 2017 Depreciation in 2017