Calculate Depreciation Expense for 2021 and 2022 using double inclining balance method

On March 31, 2021 Canseco Plumbing Fixtures purchased equipment for $60,000 Residual value at the end of an estimated four year service hours in 2021 and 2022, respectively wife is expected to be $12.000 The company expects the equipment to operate for 20.000 hours. The equipment operated for 3,700 and 4,500 Required: a. Calculate depreciation expense for 2021 and 2022 using straight line method b. Calculate depreciation expense for 2021 and 2022 using double-dechining balance method c. Calculate depreciation expense for 2021 and 2022 using units of production using hours operated Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required Required Required Calculate depreciation expense for 2021 and 2022 using double declining balance method. Double Declining-Balance, Method Choose Numerator: Choose Denominator Fraction of Year Fraction of Year Depreciation Expense Depreciation Expense Formula Beginning Book Value Double the Straight line Rate > 00.000 50% 9/12 $ 22.500 Amount for 2021 Amount for 2022 22 500 3 60 * 12/12 VA 11250