answer A-C

On January 1, 2021. Canseco Plumbing Fixtures purchased equipment for $34,000. Residual volue at the end of an estimated four-ye service life is expected to be $8,000. The company expects the equipment to operate for 10,000 hours. The equipment operated 1 2,400 and 3,200 hours in 2021 and 2022, respectively. Required: a. Calculate depreciation expense for 2021 and 2022 using straight-line method. b. Calculate depreciation expense for 2021 and 2022 using double declining-balance method c. Calculate depreciation expense for 2021 and 2022 using units of production using hours operated. Complete this question by entering your answers in the tabs below. Required A Required B Required Calculate depreciation expense for 2021 and 2022 using straight line method. Straight-Line Depreciation Choose Numerator: Choose Denominator: Annual Depreciation Expense Depreciation Expense Formula Cost minus Residual Estimated Useful Life (years) Amounts Depreciation Expense 2021 2022 On January 1, 2021. Canseco Plumbing Fixtures purchased equipment for $34,000 Residual value at the end of an estimated four year service life is expected to be $8,000. The company expects the equipment to operate for 10,000 hours. The equipment operated for 2.400 and 3,200 hours in 2021 and 2022, respectively Required: a. Calculate depreciation expense for 2021 and 2022 using straight line method. b. Calculate depreciation expense for 2021 and 2022 using double declining balance method c. Calculate depreciation expense for 2021 and 2022 using units of production using hours operated. Complete this question by entering your answers in the tabs below. Required A Required B Required Calculate depreciation expense for 2021 and 2022 using double-declining balance method. Double Declining Balance Method * Choose Denominator: Choose Numerator: Beginning Book Value Depreciation Expense Depreciation Expense Formula 9 Amount for 2021 Amount for 2022