Sabel Co. purchased assembly equipment for $575,000 on January 1, 2018. Sabel's financial condition immediately prior to the purchase is shown in the following horizontal statements model The equipment is expected to have a useful life of 230,000 miles and a salvage value of $23,000. Actual mileage was as follows 2018 59,000 2019 2020 45,000 2021 39,000 2022 13,000 64,000 Required a. Compute the depreciation for each of the five years, assuming the use of units-of-production depreciation. b. Assume that Sabel earns $233,000 of cash revenue during 2018. Record the purchase of the equipment and the recognition of the revenue and the depreciation expense for the first year in a financial statements model like the preceding one. The first event is recorded as an example c. Assume that Sabel sold the equipment at the end of the fifth year for $23,900. Calculate the amount of gain or loss on the sale Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the depreciation for each of the five years, assuming the use of units-of-production depreciation. (Do not round intermediate calculations.) Years Depreciation 2018 2019 2020 2021 2022