Part # 30 Points famous irish singer Carrie o'key is about to embark on her 14 and final farewell tour that will cover Michigan's Upper Peninsula and the Canadian Maritimes. She contracts you to compute depreciation on the sound equipment she will be using in arder to help determine the price of the concert tickets. The farewell tour will last for five (5) years and consist of a total of 750 concerts NEEDED FACTS: cost of the sound system $150,000 Residual (salvage) value $30,000 Estimated economic life # 5 years or 750 concerts Number of concerts: Year 1 225 concerts Year 2-200 concerts Year 3 150 concerts Year 4 100 concerts Year 575 concerts REQUIRED: Complete the furnished depreciation grid using the straight-ine method, the units of-production method, and the double-declining balance method. for the UNITS-OF PRODUCTION METHNOD: Carrying Value, End Accumulated Camying Value, Deprecition Expense for the year Berning of hear! Carrying Value, Deprecition ExpenseAccumulated Carmying Value End olf Year -Depreciation for the year DEAR