1. PR O9 03B ALdO (Algorichmic) Deprecionon by three methosci artiol yean 1,300 hours boring vear 1,2,500 hours in Year 2, 2,100 hous in Year 3 , and 1,120 hours in Year A. Pequired: Noter Fon becumise naLaKce owiv, reund the multiplier to four decimal places. Then reund the anwwer for each year to the nearest whele dellar. a. Stralght ine methos b. untsol-bctivity method equirea: Determine the amount of depreciation expense for the years ended Note: FOR DECLINING BALANCE ONLY, round the multiplier to a. Straight-line method b. Units-of-activity method c. Double-declining-balance method Print 1. PR.09.03B.ALGO (Algorithmic) Depreciation by three methods; partial years Layton Company purchased tool sharpening equipment on October 1 for $68,580. The equipment 1,300 hours during Year 1, 2,500 hours in Year 2, 2,100 hours in Year 3, and 1,120 hours in Year Required: Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then a. Straight-line method a useful life of 3 years or 7,020 operating hours, and a residual value of $1,890. The equipment was used for (a) the straight-line method, (b) the units-of-activity method, and (c) the double-declining-balance method. for each year to the nearest whole dollar