On June 9, 2020, Pharoah Company purchased manufacturing equipment at a cost of $333,800. Pharoah estimated that the equipment will produce 580,000 units over its 4-year useful life, and have a residual value of $14,800. The company has a December 31 fiscal year end and has a policy of recording a half-year's depreciation in the year of acquisition. Your answer is partially correct. Calculate depreciation under the straight-line method for 2020 and 2021. Depreciation Expense 2020 $ 39875 2021 $ e Textbook and Media X Your answer is incorrect. Calculate the depreciation expense under the double diminishing-balance method for 2020 and 2021. Depreciation Expense 2020 $ 2021 $ e Textbook and Media X Your answer is incorrect. Calculate the depreciation expense under the units-of-production method, assuming the actual number of units produced was 70,600 in 2020 and 118,100 in 2021. (Round cost per unit to 2 decimal places, e.g. 5.27 and round final answers to O decimal places, e.g. 5,275.) Depreciation Expense 2020 $ 2021 $ e Textbook and Media