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Marigold Company uses the units-of-activity method in computing depreciation. A new plant asset is purchased for $55000 that will produce an estimated 120000 units over its useful life. Estimated salvage value at the end of its useful life is $3400. What is the depreciation cost per unit? $0.43 $4.58 $4.30 $0.46 A company sells a plant asset which originally cost $363000 for $118000 on December 31, 2021. The Accumulated Depreciation account had a balance of $146000 after the current year's depreciation of $38000 had been recorded. The company should recognize a $61000 loss on disposal. O $99000 gain on disposal. $99000 loss on disposal. $245000 loss on disposal. Waterway Corporation bought equipment on January 1, 2021. The equipment cost $375000 and had an expected salvage value of $59400. The life of the equipment was estimated to be 6 years. The depreciation expense using the straight-line method of depreciation is O $72400 O $74400 O $52600 O None of these answer choices are correct