Tableau DA 8-1 (Static): Quick Study, Straight-line depreciation and book value LO P1 The company founder hires us as consultants and asks that we oversee the accounting for new equipment purchased on January 1 . The founder wants to know the implications of different depreciation methods and estimates for the company's financial staternents. Those statements will be used to attract financing from new investors and creditors. At the end of the equipment's first year in operation, we are given the following Tableau Dashboard. Actual \& Estimated Units-of-Production Year 1 Production Year 2 Production Year 3 Production Year 4 Production 0 25,000 50,000 75,000 Total Units to be Produced 1. Calculate the depreciable cost of the equipment on January 1 . 1. Calculate the depreciable cost of the equipment on January 1. 2. Determine the equipment's first-year depreclation under the straight-line method. 3. Determine the equipment's book value at the end of the first year after recording depreciation under the straight-line methor Complete this question by entering your answers in the tabs below. Calculate the depreciable cost of the equipment on January 1. 1. Calculate the depreciable cost of the equipment on January 1. 2. Determine the equipment's first-year depreciation under the straight-line method. 3. Determine the equipment's book value at the end of the first year after recording depreciation under the straight-line method. Complete this question by entering your answers in the tabs below. Determine the equipment's first-year depreciation under the straight-line method. 1. Calculate the depreciable cost of the equipment on January 1. 2. Determine the equipment's first-year depreciation under the straight-line method. 3. Determine the equipment's book value at the end of the first year after recording depreciation under the straight-line methoe Complete this question by entering your answers in the tabs below. Determine the equipment's book value at the end of the first year after recording depreciation under the straight-line method