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Please help show me how/if these answers are correct thank you. 2. A company acquired equipment on April 1, 2010 for $160,000. The company estimates

Please help show me how/if these answers are correct thank you.

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2. A company acquired equipment on April 1, 2010 for $160,000. The company estimates the useful life for the equipment is 400,000 units and the estimated salvage value is $60,000. If the company uses the units-of-activity method of depreciation, calculate the depreciation expense for 2010 if 8,000 units are produced. (1 pts.) Depreciation per unit: (160,000-60,000)/400,000= 0.25 Depreciation for 2010: 0.25*8,000= 2,000

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