Sheridan Productions Corp. purchased equipment on March 1, 2021, for $64,000. The company estimated the equipment would have a useful life of three years and produce 10,000 units, with a residual value of $10,000. During 2021 , the equipment produced 4,000 units. On November 30,2022 , the machine was sold for $18,000 and had produced 6,400 units that year. (1) Straight-line (2) Double-diminishine-balaher (3) Units-of-Production Date Account Titles and Explanation Debit Credit 2021 Mar 1 Equipment Cinh Dec. 31 Deciedation Expense Mramiatrd Deperelation - Kouiment 2022 Nicr,30 (To recard deprecieien expense)