The company founder hires us as consultants and asks that we oversee the accounting for new equipment purchased on January 1 The founder wants to know the implications of different depreciation methods and estimates for the company's financial statements. Those statements will be used to attract financing from new investors and creditors. At the end of the equipment's first year in operation, we are given the following Tabieau Dashboard Actual \& Estimated Units-of-Production Year-1 Production Year 2 Production Year 3 Production Year 4 Production c) 5ts +abeav Estimated 50,000 75,900 125,000 1. Calculate the depreciable cost of the equipment on January 1 2. Determine the equipment's first-year depreciation under the straight-lime method 3. Determine the ecuipment's book value at the end of the first year after recording depreciation under the straight-kine method. Complete this question by entering your answers in the tabs below. Calculate the depreciable cost of the equipment on January 1 . Calculate the depreciable cost of the equipment on January 1 . 2. Determine the equipment's first-year depreciation under the straight-line method. 3. Determine the equipment's book value at the end of the first year after recording depreciation under the straight-line method. Complete this question by entering your answers in the tabs below. Determine the equipment's first-year depreciation under the straight-line method