Comparing Three Depreciabon Methods Waylander Coatings Company purchased waterproofing equipment on January 6 for $311,400. The equipment was expected to have a useful life of four years, or 6,000 cper 2,600 hours during Yeat 1,2,100 hours in Year 2,1,200 hours in Year 3, and 900 hours in Yeat 4. Required: 1. Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by (a) the stralght-line method, (b) the units-of cacti the total depreciation expense for the four years by each method. Note: Round the answer for each year to the nearest whole dollar. 2. What method yieds the highest depreciation expense for year 17 3. What method vields the most depreciation over the four-year life of the equipenent? Comparing Three Depreciabon Methods Waylander Coatings Company purchased waterproofing equipment on January 6 for $311,400. The equipment was expected to have a useful life of four years, or 6,000 cper 2,600 hours during Yeat 1,2,100 hours in Year 2,1,200 hours in Year 3, and 900 hours in Yeat 4. Required: 1. Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by (a) the stralght-line method, (b) the units-of cacti the total depreciation expense for the four years by each method. Note: Round the answer for each year to the nearest whole dollar. 2. What method yieds the highest depreciation expense for year 17 3. What method vields the most depreciation over the four-year life of the equipenent