Your Corporation uses the units of production method when depreciating its equipment. purchased equipment for $875,000. An additional $95,750 was spent to get the equipment operational. It will produce 1,200,000 units over its 5 -year useful life and it has a salvage value of $125,000. The company produced 265,000 units with the equipment during the year of purchase. What amount will be recorded for depreciation expense for the equipment in the first year? $214,374 $165,625 $186,770 $193,229