TB MC Qu. 6-38 (Algo) Harding Corporation acquired real estate... $2,750,000 and Equipment, $1,825,000 Assume that Harding uses the units-of-production method when depreciating its equipment. Harding esumistes that the curchased equipment win produce 1,200,000 units over its 5 year useful life and has salvage value of $19,000. Harding produced 285,000 untes whin the equigmem by the end of the first year of purchase. Which amount below is closest to the omount Harding will record for depreciation expense for the equipment in the firs yean? (Round yout intermediate percentages to the nearest whole numbers l.e 0.054231=5%. Do not round any other intermediate calculations.) TB MC Qu. 6-38 (Algo) Harding Corporation acquired real estate... $2,750,000 and Equipment, $1,825,000 Assume that Harding uses the units-of-production method when depreciating its equipment. Harding esumistes that the curchased equipment win produce 1,200,000 units over its 5 year useful life and has salvage value of $19,000. Harding produced 285,000 untes whin the equigmem by the end of the first year of purchase. Which amount below is closest to the omount Harding will record for depreciation expense for the equipment in the firs yean? (Round yout intermediate percentages to the nearest whole numbers l.e 0.054231=5%. Do not round any other intermediate calculations.)