amaning three Depreciation Methods Dexter Industries purchased packaging met onderuary for $240.000. The ment spected to have so four years.3.200 perating hours and real value of $20,200. The equipment was used for 1.820 hours during Year 1. 1.092 hours in Year 2. 1456 hours in Year and 322 h in Year Required . Dutermine the amount of depreciation expense for the four years anding December 31 by (a) the right-line met by the active method, and (c) the dead balanced. Also determine the total depreciation opense for the four yeary by each method. Round the answer for each year to the nearest whole dollar Depreciation Expense Units-of-Activity Double Declining ear Straight-Line Method Method Balance Method 242,067X ara ar What method yalds the highest depreciation cense fer Year 1) ble declining balanced eBook Show Me How Comparing Three Depreciation Methods Dexter Industries purchased packaging equipment on January 8 for $243,800. The equipment was expected to have equipment was used for 1,820 hours during Year 1, 1,092 hours in Year 2, 1,456 hours in Year 3, and 832 hours in Ye Required: 1. Determine the amount of depreciation expense for the four years ending December 31 by (a) the straight-line met determine the total depreciation expense for the four years by each method. Round the answer for each year to t Depreciation Expense Units-of-Activity Straight-Line Method Method Year Double-Declining- Balance Method Year 1 242,067 x Year 2 $ Year 3 S Year 4 5 Total si s 2. What method yields the highest depreciation expense for Year 1? Double-declining-balance method 3. What method yields the most depreciation over the four-year life of the equipment? All three depreciation methods Beach Che Work Asset cost minus residual value equals depreciable cost. Sum the yearly depreciation to determine total depreciat Annual units-of-production depreciation allocates the cost of the asset equally over the units produced (hours) Check My Work All work saved