44. Traxton Compan expected to have a useful life of 12,000 operating hours, and a residual value of used for 1,350 hours during Year 1, 4,200 hours in Year 2, 3,650 hours in Year 3, and 2,800 hours in Year 4. y purchased tool sharpening equipment on October 1 for $105,000. The equipment was $7,200. The equipment was 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. Finally, determine which method yields the most depreciation over the useful life of the equipment. Straight-line method: a. Year 1 Year 2 Year 3 Year 4 b. Units-of-activity method: Activity rate- Year 1 Year 2 Year 3 Year 4 . Double-declining-balance method (round to the nearest dollar) Year 1 Year 2 Year 3 Year 4 method yields the most depreciation over the four-year life of the equipment