Question 4 of 6 1.6775 View Policies Show Attempt History Current Attempt in Progress On June 9, 2020. Pharoah Company purchased manufacturing equipment at a cost of $333,800, Plurah estimated that the equipment will produce 580,000 units over its 4 yearusell life, and have a residual value of 514 800. The company has December 31 hscal year end and has a policy of recording a half year's depreciation in the year of acquisition Your answer is correct Calculate depreciation under the straight line method for 2020 and 2021 Depreciation Expense 2020 5 2021 $ 50 X Your answer is incorrect. Question 4 of 6 1.67/5 X Your swer is incorrect. Calculate the depreciation expense under the double diminishing-balance method for 2020 and 2021 Depreciation Expense 2020 5 330 2021 3 64955 X Your answer is incorrect. Calculate the depreciation expense under the units-of-production method, assuming the actual number of units produced was 70,000 in 2020 and 118,100 in 2021. (Round cost per unit to 2 decimal places, s. 5.27 and round final answers to o decimal places, e., 5.275.) Depreciation Expense 2020 $ 83450 2021 $ 125175