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On January $1,$ the Band pays $$67,800$ for sound equipment. The band estimates it will use this equipment for five years and perform $200$ concerts. It estimates that after five years it can sell the equipment for $$2,000.$ During the first year, the band performs $55$ concerts.

Compute the first$-$year depreciation using the straight$-$line method.

$\backslash$table$[[$Straight$-$Line Depreciation$],[$Choose Numerator:,$1,$Choose Denominator:,$=,\backslash$table$[[$Annual Depreciation$],[$Expense$]]],[,1,,=,$Depreciation expense$],[,1,,=,]]$

Compute the first$-$year depreciation using the units$-$of$-$production method.

$\backslash$table$[[$Select formula for the depreciation rate of Units of Production:$],[],[$Calculate the first year depreciation expense:$],[$Depreciation per concert$],[$Concerts in first year$],[$Depreciation in first year$]]$