Required information The following information apples to the questions displayed below) Equipment costing $10,800 with a 5-year useful life and an estimated $1,800 salvage value is acquired and started operating on January 1. The equipment is estimated to produce 3,000 units of product during its life. It produced 450 units in the first year Record the journal entries for equipment depreciation for the first year under straight-line, units-of-production, and double-declining- balance Journal entry worksheet Record depreciation for the first year under straight-line, Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Journal entry worksheet Record depreciation for the first year under double-declining-balance. Note: Enter debits before credits. Transaction General Journal Debit Credit 3