Wildhorse Company purchased equipment on January 1,2025 for $166,500. It is estimated that the equipment will have a $9,250 salvage value at the end of its 5 -year useful life. It is also estimated that the equipment will produce 1.5,000 units over its 5 -year life. Answer the following independent questions. (a) Your answer is correct. Compute the amount of depreciation expense for the year ended December 31,2025 using the stra ght-line method of depreciation. Straight-line method $ If 22,500 units of product are produced in 2025 and 30,500 units are produced in 2026 , what is the pook value of the equipment at December 31, 2026? The company uses the units-of-activity depreciation method. Book value at December 31,2026 If the company uses the double-declining-balance method of depreciation, what is the balance of Equipment account at December 31, 2027? Accumulated depreciation-equipment