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Shearers Foods, part of the $374 billion global snack food industry, employs 3,300 people in Brewster, Ohio. If Shearers purchased a packaging unit for $120,440

Shearers Foods, part of the $374 billion global snack food industry, employs 3,300 people in Brewster, Ohio. If Shearers purchased a packaging unit for $120,440 with a life expectancy of 687,000 units and a residual value of $38,000, what is the depreciation expense for year 1 if 67,000 units were produced?

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