Chapter 10 Homework Assignment eBook Show Me How Pintem Comparing Tvee Depreciation Methods Dexter Industries purchased packaging equipment on wary B for $230,200. The equipment was expected to have a useful life of four years, or 6,400 operating hours, and residual value of $19,000. The equipment was used for 2.240 hours during Year 1, 1.346 hours in Year 2. 1.792 hours in Year), and 1,024 hours in Year 4 Required: 1. Determine the amount of depreciation expense for the four years ending December 31 or (a) the traight-line method. (D) the units-of-activity method, and (c) the double-decliving-haunt method. Arvo determine the total depreciation expense for the four years by each method. Round the answer for each year to the nearest whole dollar. Depreciation Expense Units-of-Activity Double-Declining Year Straight-Line Method Methed Balance Method Year Year 2 Year Year 4 Total 2. What method vields the highest depreciation expense for Year 17 Focation over the four year life of the equipment? Straight-method Units-od-activity od Double-de-balance method Adern methods RE Chapter 10 Homework Assignment eBook Show Me How Print Comparing Three Depreciation Methods Dexter Industries purchased packaging equipment on January B for $230,200. The equipment was expected to have a useful le of four years, or 6,400 operating hours, and a residual valot of $19.000. The equipment was used for 2.240 hours during Year 1, 1,344 hours in Year 2, 1,792 hours in Year 3, and 1,024 hours in Year 4 Requiredi 1. Determine the amount of depreciation expense for the four years ending December 31 by (a) the straight-ine method. c) the unit-coctivity method, and (c) the double declining-balno methos. Also determine the total depreciation expense for the four years by each method. Round the answer for each year to the nearest whole dollar Depreciation Expense Units-of-Activity Double-Declining Year Straight-Line Method Method Balance Method Year 1 Year 2 Year 3 Year $ Total 2. What method vields the Nghe depreciation expense for Year 13 3. Wat method vied the most depreciation over the four-year life of the equipment? Straight line method Units-of-act Double-decining balance method All the depreciation methods Previous