Use the following information for the Quick Studies below. $($Static$)$ The following information applies to the questions displayed below. On January $1$the Matthews Band pays $$65,800$ for sound equipment. The band estimates it will use this equipment for four years and perform $200$ concertsIt estimates that after four years it can sell the equipment for $$2,000.$ During the first yearthe band performs $45$ concerts. QS $8-5($Static$)$ Units$-$of$-$production depreciation LO P$1$