Question: On January $1,2022,$ Nyland Company purchased $($for $$1,500,000)$ heavy$-$duty equipment having an estimated activity$/$usage level of $145,000$ units, an estimated useful life of $5$ years, and an estimated salvage value of $$50,000.$ Nyland's actual

activity$/$usage was $17,500$ units during $2022,$ and $22,200$ units during $2023.$

Required:

Compute the amount of depreciation expense and the accumulated depreciation balance Nyland would report for both $2022$ and $2023$ under each of the following depreciation methods $($for the declining$-$balance method, Nyland uses the "double$-$declining"

rate$)$:

a$.$ Straight$-$line method

b$.$ Units$-$of$-$activity method

c$.$ Declining$-$balance method

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