-/12 Question 6 of 8 View Pics Current Attempt in Progress On April 22, 2020, Blossom Enterprises purchased equipment for $139,700. The company expects to use the equipment for 11,500 working hours during its 4-year life and that it will have a residual value of $15,500. Blossom has a December 31 year end and pro rates depreciation to the nearest month. The actual machine usage was 1,800 hours in 2020, 2,700 hours in 2021:3,600 hours in 2022,2.500 hours in 2023; and 1,100 hours in 2024. Calculate depreciation expense for the life of the asset under straight-line method (Round answers to decimal places, eg. 5,276) Depreciation Expense 2020 $ 2021 2022 $ 2023 5 2024 $ Calculate depreciation expense for the life of the asset under double diminishing balance method. (Round answers to decimal places, s 5.276 Depreciation Expense 2020 $ 2021 5 2022 $ 2023 5 Calculate a depreciation expense for the life of the asset under utilitat-production method. Round unit roteto2 decimal poort 64.2.25 and find answers to decimal places, es 5,276) Depreciation Expense search O 5C Cloudy ENG Calculate a depreciation expense for the life of the asset under units of production method (Roundunit rote to 2 decimal places 2.25 and final anwers to decimal places as 5.276) Depreciation Expense 2020 $ 2021 $ 2022 $ 2023 $ 2024 5 Which method results in the lowest profit over the life of the asset? to search o 2024 Which method results in the lowest profit over the life of the asset? Which method results in the least cash used for depreciation over the life of the asset? Star Attempts of lused Submit