Suppose you are a manager at Cellar Tire. The company purchased equipment on January 1,2020 , for $73,000. The expected useful life of the equipment is 10 years or 87,500 units of production, and its residual value is $3,000. Under three depreciation methods, the annual depreciation expense and the balance of accumulated depreciation at the end of 2020 and 2021 are as follows: Depreciation data I to the nearest dollar.) Suppose you are a manager at Cellar Tire. The company purchased equipment on January 1,2020 , for $73,000. The expected u or 87,500 units of production, and its residual value is $3,000. Under three depreciation methods, the annual depreciation expens depreciation at the end of 2020 and 2021 are as follows: Suppose you are a manager at Cellar Tire. The company purchased equipment on January 1,2020 , for $73,000 or 87,500 units of production, and its residual value is $3,000. Under three depreciation methods, the annual dep depreciation at the end of 2020 and 2021 are as follows: (Click the icon to view the depreciation data.) Requirement 1. Identify the depreciation method used in each instance, and show the equation and computation Begin by identifying the depreciation method used in each instance