Please complete (b) . Double check answers for (b).

Exercise 11-4 (Part Level Submission) Culver Corp. purchased machinery for $255,000 on May 1, 2017. It is estimated that it will have a useful life of 10 years, residual value of $15,000, production of 192,000 units, and 20,000 working hours. The machinery will have a physical life of 15 years and a salvage value of $3,000. During 2018, Culver Corp. used the machinery for 2,550 hours and the machinery produced 27,500 units. Culver prepares nancial statements in accordance with lFRS. From the information given, calculate the depreciation charge for 2018 under each of the following methods, assuming Culver has a December 31 year end. V (a) Your answer is correct. Calculate the depreciation charge for 2018 under straight-line method. Depreciation charge for 2018 $ 24,000 (b) Calculate the depreciation charge for 2018 under unit-of-production method. (Round rate per unit to 2 decimal place e.g. 5.27.) Depreciation per output unit /output unit Depreciation charge for 2018 $