Coatings Company purchased waterproofing equipment on January 6 for $361.000. The equipment was expected to h expected to have a useful life of four years, or 7.200 operating hours, and a residual value of $29.800. The equipment wes used for 2,700 hours during Year 1. 2.200 hours in Year 2, 1.300 hours in Year 3, and 1.000 hours in Year 4. . Year 2, Yoar 3. and Year 4, by (o) the straight-line method, (b) the units-of-output method, and (e) the double 1. Determine the amount of depreciation expense for the years ended Decomber 31. Year 1 declining-balance mathod. Also determine the total depreciation expense for the four years by each methocd. Note: FOR DECL?N?NG BALANCE ONLY, round the multiplierto four decimal places. Then round the answer for each year to the nearest inse dol Year Straight-Line MethodUnits of Output Method Year 1 Year 2 Year 3 Double-Declining Balance Method Year 4 Total 2. What method yields the highest depreciation expense for Year 1? 3. What method yields the most depreciation over the four-year life of the equipment