2. Equipment purchased at the beginning of the fiscal year for $360,000 is expected to have a useful life of 5 years, or 14,000 operating hours, and a residual value of S10,000. Prepare the depreciation (a) straight-line (b) units-of-output (2,200 hours first year,; 5,250 hours second year, 3,350 third year, 2,500 fourtlh (c) gschedule for the S years of use by each of the following methods: year; 700 fifth year) double-declining-balance