Comparing Three Depreciation Methods Dexter Industries purchased packaging equipment on January 8 for $300,000. The equipment was expected to have a useful life of four years, or 6,400 operating ham hours during Year 1, 1,344 hours in Year 2, 1,792 hours in Year 3, and 1,024 hours in Year 4 Required: 1. Determine the amount of depreciation expense for the three years ending December 31 by (a) the straight-line machod, (b) the units-of-activity method, and (c) tm expense for the four years by each method. Round the answer for each year to the nearest whole dollar. Depreciation Expense. Year Straight-Line Method Units of Activity Method Double Declining Balance Method Year 1 Year 2 Year 3 Year 4 Homework: Chapter 9 assignment take frame Total V 2. What method yields the highest depreciation expense for Year 1? 3. What method yields the most depreciation over the three-year life of the equipment?