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( 1 4 points ) Brenan, Inc. purchased equipment at the beginning of 2 0 2 2 for $ 3 , 3 5 0 ,

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(14 points) Brenan, Inc. purchased equipment at the beginning of 2022 for $3,350,000.
Brenan. The equipment has an estimated residual value (salvage value) of $350,000 and an estimated life of 5 years or 100,000 hours of operation. The machinery was operated for 35,000 hours in 2022,15,000 hours in 2023,20,000 hours in 2024,20,000 hours in 2025, and 10,000 hours in 2026.
Create a depreciation schedule for each of the following depreciation methods for the years 2022 to 2026 :
Straight-line depreciation method
Units-of-production method
Double-declining-balance depreciation method
a. Straight-Line
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