QUESTION 20 A compy paid 5574.000 purchase equipment and $16,000 to have the equipment delivered to and installed in the company's production facilities. The coupe expected to be used a total of 29.400 hours throughout its estimated useful fe of six years. The estimated residual value of the equipment is $6,40 The compared courant for a total of 12,600 hours in year 1. Using the units of production method, what amount of depreciation expense would the company in the income statement prepared for the year 17 5251 51122 1224571 None of the above