Battery Corp.purchased equipment with a cost of $70,000 at the beginning of 2013.The equipment has an estimated life of 25 years or 25,000 units of product.The estimated residual value is $7,500.During 2013,1,100 units of product were produced with this machinery.Determine the following:

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The Answer of Battery Corp.purchased equipment with a cost of $70,000 at the beginning of 2013.The equipment has an estimated life of 25 years or 25,000 units of product.The estimated residual value is $7,500.During 2013,1,100 units of product were produced with this machinery.Determine the following: