Question $3$ of $3$

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Sunland Limited purchased equipment on February $1,2024,$ at a cost of $$169,660.$ As the CFO of the company, you are considering the merits of using the diminishing$-$balance or units$-$of$-$production method of depreciation instead of the straight$-$line method, which is currently being used for other equipment. The new equipment has an estimated residual value of $$10,000$ and an estimated useful life of either five years or $88,700$ units. Demand for the products produced by the equipment is sporadic so the equipment will be used more in some years than in others: Assume the equipment produces the following numbers of units each year: $15,000$ units in $2024$; $26,000$ units in $2025$;$20,000$ units in $2026$; $15,000$ units in $2027$; $12,000$ units in $2028$; and $700$ units in $2029.$ Sunland has a December $31$ year end.

$($a$)$

Prepare separate depreciation schedules for the life of the equipment using: $($Round depreciation per unit to $2$ decimal places, e$.$g$.5\mathrm{.}28$ and final answers to $0$ decimal places, e$.$g$.5,275.)$

$(1)$ Straight$-$line method:

$\backslash$table$[[$Depreciable$,$Depreciation,Accumulated,Carrying$],[$Year$,$Expense,Depreciation,Amount$],[,,,$