54.

Equipment purchased at the beginning of the fiscal year for $150,000 is expected to have a useful life of 5 years, or 15,000 operating hours, and a residual value of $30,000. Compute the depreciation for the first and second years of use by each of the following methods:

(a)	straight-line
(b)	units-of-activity (2,500 operating hours in first year; 3,250 operating hours in second year)
(c)	double-declining-balance

(Round all answers to the nearest dollar)

Year 1

(a)

(b)

(c)

Year 2

(a)

(b)

(c)