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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 $176,860

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 $176,860 with a life expectancy of 694,000 units and a residual value of $45,000, what is the depreciation expense for year 1 if 74,000 units were produced?

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