Unit 2 Discussion - AC301 Inter x Unit 2 Lab - AC301 Intermediat x Question 4 of 4 - Unit 2 Lab 30 X G depletion expense another wor X + m/was/ui/v2/assessment-player/index.html?launchld=597cc985-2767-46a7-a846-f2be2f782d85#/question/3 Question 4 of 4 9/ 15 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Novak Company purchased equipment for $230,000 on October 1, 2025. It is estimated that the equipment will have a useful life of 8 years and a salvage value of $14,000. Estimated production is 36,000 units and estimated working hours are 20,000. During 2025, Novak uses the equipment for 520 hours and the equipment produces 1,000 units. Compute depreciation expense under each of the following methods. Novak is on a calendar year basis ending December 31. (Round rate per hour and rate per unit to 2 decimal places, e.g. 5.35 and final answers to O decimal places, e.g. 45,892.) a) Straight-line method for 2025 6750 b) Activity method (units of output) for 2025 LA 6000 (C) Activity method (working hours) for 2025 5616 (P Sum-of-the-years'-digits method for 2027 36000 e ) Double-declining-balance method for 2026 $ 43125 eTextbook and Media Save for Later Attempts: 4 of 5 used Submit Answer e