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On January 1, 2019, Cullumbet corporation acquired a small mine for $35 million along with equipment costing $8 million Management estimated at that time that the mine should produce 35,000 ounces of gold and have no residual value while the equipment would have a useful life of eight years and no residual value. In 2019 and 2020, the company produced 2.000 and 1800 ounces of gold, respectively. The company uses the straight-line method of depreciation for its equipment, and its year end is December 31 (a) Your answer has been saved. See score details after the due date: MOTOFU (b) Calculate the equipment's accumulated depreciation and carrying amount at the beginning of 2021. Equipment's accumulated depreciation $ Carrying amount $ e Textbook and Media