Sully Corporation purchased a new factory machine on April $1,2024$ for $$30,000.$ The estimated useful life is $7$ years with a $$2,000$ salvage value. Management estimates that the new machine will produce $14,000$ units over it life.

Compute depreciation expense for $2024$ using the straight$-$line method $($Note that the asset was purchased on April $1,2024)$

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Compute depreciation expense for $2024$ using the units$-$of$-$activity method assuming that the machine produces $3,500$ units in $2024.$

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Compute depreciation expense for $2025$ using the straight$-$line method

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