Question 11 (3 points) Tanner Company purchased equipment on January 1, 2021 for $90,000. It is estimated that the equipment will have a $5,000 salvage value at the end of its 5-year useful life. It is also estimated that the equipment will produce 100,000 units over its 5-year life. The company uses the units-of-activity depreciation method. If 16,000 units are produced in 2021 and 24,000 units are produced in 2022, answer the following: 2021 Depreciation Expense on December 31 a) $14,400 b) $13,600 c) $20,400 d) $27,200