Use the following information to answer questions 8 thru 10. Equipment cost $30,000 with a residual value of $3,000, and a useful life of 8 years or 50,000 units of production. What is the first years depreciation using the Straight-line method? $3750 $3375 $2500 $2250 What is the first years depreciation using the production method if 6500 units were produced? $3900 $3750 $3510 $3375 What is the first years depreciation using the Double Declining Balance method? $7500 $6750 $3750 $3375