rent Attempt in Progress haroah Company purchased equipment on January 1, 2025 for $144,000. It is estimated that the equipment will have a $8,000 salvage value at the end of its 5-year useful life. It is also stimated that the equipment will produce 160,000 units over its 5-year life. Answer the following independent questions. (a) Compute the amount of depreciation expense for the year ended December 31, 2025 using the straight-line method of depreciation. Straight-line method $ per year 4 C Ac O Ac Q Acc QL Acc Vie Acc

inated that the equipment will produce 160,000 units over its S year life. numer the following independent questions. Straishis-line method Deryear