eBook$$Show Me HowComparing Three$$Depreciation$$MethodsDexter Industries purchased packaging equipment on January $8$ for

$$261,200.$ The equipment was expected to have a useful life of three

years, or $5,100$ operating hours, and a$$residual value$$of

$$21,500.$ The equipment was used for $2,040$ hours during Year $1,$

$1,581$ hours in Year $2,$ and $1,479$ hours in Year $3.$Required:$1.$Determine the amount of depreciation

expense for the three years ending December $31,$ Year $1,$ Year $2,$

Year $3,$ by $($a$)$ the$$straight$-$line method, $($b$)$

the$$units$-$of$-$activity method, and $($c$)$

the$$double$-$declining$-$balance method. Also determine the total

depreciation expense for the three years by each method.Note: For all methods, round the answer for each year to the

nearest whole dollar$\mathrm{.}2.$What method yields the highest

depreciation expense for Year $1?3.$ What method yields the most depreciation over the three$-$year

life of the equipment?$$Questions