A company purchased an equipment system for $325,000 ons the equipment to last for eight years or 81.250 hours of oper value. During the first year, the equipment was year, the equipment was in operation for 8,700 hours. Compute the equipment for Year 1 and Year 2 using the following depreciation system for $325,000 on January 2. The company expects .250 hours of operation, with no estimated salvage the equipment was in operation for 8.000 hours, while in the second hours. Compute the depreciation expense relating ollowing depreciation methods: a. Straight-line. b. Double-declining-balance. c. Units-of-production