Question $6$: Read the requirements.

a$.$ Compute the first$-$year depreciation expense on the crane using the straight$-$line method.

Begin by selecting the formula to calculate the company's first$-$year depreciation on the crane using the straight$-$line method. Then enter the amounts and calculate the depreciation for the first year.

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$=$ Straight$-$line depreciation

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b$.$ Compute the first$-$year depreciation expense on the crane using the units$-$of$-$production method.

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