$1)$ Comparing three depreciation methods

Waylander Coatings Company purchased waterproofing equipment on January $6$ for $$207,200.$ The equipment was expected to have a useful life of $4$ years, or $7,600$ operating hours, and a residual value of $$17,200.$ The equipment was used for $2,900$ hours during Year $1,2,400$ hours in Year $2,1,400$ hours in Year $3,$ and $900$ hours in Year $4.$

Required:

$1.$ Determine the amount of depreciation expense for the years ended December $31,$ Year $1,$ Year $2,$ Year $3,$ and Year $4,$ 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 $4$ years by each method.

Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then, round the answer for each year to the nearest whole dollar.

Depreciation Expense

Year Straight$-$Line

Method Units$-$of$-$Activity

Method Double$-$Declining$-$

Balance Method

Year $1$ $fill in the blank $1$ $fill in the blank $2$ $fill in the blank $3$

Year $2$ fill in the blank $4$ fill in the blank $5$ fill in the blank $6$

Year $3$ fill in the blank $7$ fill in the blank $8$ fill in the blank $9$

Year $4$ fill in the blank $10$ fill in the blank $11$ fill in the blank $12$

Total $fill in the blank $13$ $fill in the blank $14$ $fill in the blank $15$

$2.$ What method yields the highest depreciation expense for Year $1?$

$3.$ What method yields the most depreciation over the $4-$year life of the equipment?