Sunland Company purchased equipment on account on September 3,2022. at an invoice price of 5198,000 . On September 4 , 2022, it paid $5,100 for delivery of the equipment. A one-year, $1,985 insurance policy on the equipment wis purchased on September b 2022. On September 20, 2022, Sunland paid $2,900 for installation and testing of the equipment. The equipment was ready for use on October 1, 2022 Suniand estimates that the equipment's useful life will be four years, with aresidual value of $15, 000. It also estimates that, in termis of activity, the equipment's useful life will be 76,400 units. Sunland has a September 30 fiscal year end. Assurne that actual usase is as follows