Current Attempt in Progress A depreciable asset with a cost of $$41850$ has a residual value of $$2700$ and a useful life of $6$ years. Total estimated units of output are $78300$ and in year $1$ a total of $5300$ units were produced. Under the straight$-$line method and the units$-$of$-$activity method the depreciation expense for the first year would beCurrent Attempt in Progress

A depreciable asset with a cost of $$41850$ has a residual value of $$2700$ and a useful life of $6$ years. Total estimated units of output are

$78300$ and in year $1$ a total of $5300$ units were produced. Under the straight$-$line method and the units$-$of$-$activity method the

depreciation expense for the first year would be