,000. The equipment was expected to remain in service for four years and to operate for 4,000 0 hours the first year, 1,200 hours the second year, 1,600 hours the third year, and 800 hours t i Requirements 1. Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods: straight-line, units-of-production, and double-declining-balance. Show your computations. Note: Three depreciation schedules must be prepared 2. Which method tracks the wear and tear on the equipment most closely? Print Done