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00 LOO Cengage Meaching 200 Ongation Methods Durchased packaging equipment on lanuary 8 for $261,600 The equipment was expected to have a useful life of
00 LOO Cengage Meaching 200 Ongation Methods Durchased packaging equipment on lanuary 8 for $261,600 The equipment was expected to have a useful life of four years, or 6,800 operating hours $23,200. The equipment was used for 2,380 hours during Year 1, 1,428 hours in Year 2, 1,904-hours in Year 3, and 1,088 hours in Year 4 Required 1. Determine the amount of depreciation expense for the four years ending December 31 by (6) the straight-in math, (B) the units-of-activity method, and (c) the ning-balance method. Ase determine the total depreciation expense for the four years by each method. Round the answer for each year to the nearest Depreciation Expense Year I ALOO Straight-Line Method Units of Activity Method Double-Declining Balance Methad Total 2. what method yields the highest deprecation expense for Year 1 3. What meals the most depreciation over the tour-year of the Check My Work Pou Nind CO
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