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On October 1, 2018, Hobart Mfg. Co purchased a drill press at a cost of $36,000. The drill press's expected to last 10 years and

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On October 1, 2018, Hobart Mfg. Co purchased a drill press at a cost of $36,000. The drill press's expected to last 10 years and have a nice of $6.000 Compute depreciation expense for 2019 and the book value of the drill press as of December 31, 2019 assuming the units of production method is used. During 10-year life, the equipment is expected to produce 500.000 units of product. In 2015 and 2019, 25.000 and 84,000 units respectively, were produced O $5,040 and $29,460, respectively $5,040 and $23,460, respectively $5,040 and $30,960, respectively O $5,040 and 524,960, respectively None of the above

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