Required Information [The following information applies to the questions displayed below.) Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,235,000. Harding paid $280,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $296,000; Building, $880,000 and Equipment, $584,000. (Round percentages to two decimal places: le .054 = 5%). Assume that Harding uses the units-of-production method when depreciating its equipment. Harding estimates that the purchased equipment will produce 1,030,000 units over its 5-year useful life and has a salvage value of $17,000. Harding produced 268,000 units with the equipment by the end of the first year of purchase. Which amount below closest to the amount Harding will record for depreciation expense for the equipment in the first year? Multiple Choice $79,099 $101.619 O O $151,953 O $147.530