please help 30

1 Question: Calculation of depreciation (10 marks) 2 3 On January 1, 2020, TeddyBear Company acquired equipment costing $150,000, which will be depreciated on the assumption tha 4 equipment will be useful for five yers and have a residual value of $12,000. The estimated output from this equipment is as follo 5 6 Units 2020 15,000 2021 24,000 2022 30,000 O 2023 28,000 2024 18,000 The company is now considering possible methods of depreciation for this asset. a. Calculate the depreciation expense for each year of the asset's life, if the company chooses: the straight-line method (2 marks) 7 8 9