Winston Company uses the units-of-activity method in computing depreciation. A new plant asset is purchased for $33,000 that will produce an estimated 120,000 units over its useful life. Estimated salvage value at the end of its useful life is $5,000. Calculate the depreciation cost per unit. (Answer should rounded to the nearest to two decimal places, Le. 0.4666 would be entered as 0.47 ) QUESTION 15 Wang Company purchased factory equipment on July 1,2021 for $154,000. It is estimated that the equipment will have a $28,000 salvage value at the end of its 10 -year useful life. The company uses the straight-line method of depreciation. Calculate the amount to be rocorded as depreciation expense at December 31, 2021. QUESTION 16 Monty Company has current assets of $30,000, current liabilities of $54,000, long-term assets of $50,000 and long-term liabilities of $30,000. Calculate the company's current ratio. (Answer should be rounded to two decimal places, i.e. 1.666 would be entered as 1.67)