$27,000. The equipment was expected to remain in service for four years and to operate for 4,200 hours. A r 420 hours the first year, 1,260 hours the second year, 1,680 hours the third year, and 840 hours the fourth st accu ee depr Requirements ine me 1. Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods: straight-ine, units-of-production, and double-declining-balance. Show your computations. Note. Three depreciation schedules must be prepared r the Yea ion 2. Which method tracks the wear and tear on the equipment most closely? PrintDone ut fields and then continue to the next