1. Comparing Three Depreciation Methods

   Dexter Industries purchased packaging equipment on January 8 for $183,200. The equipment was expected to have a useful life of four years, or 4,800 operating hours, and a residual value of $15,200. The equipment was used for 1,680 hours during Year 1, 1,008 hours in Year 2, 1,344 hours in Year 3, and 768 hours in Year 4.

   Required:

   1. Determine the amount of depreciation expense for the three years ending December 31 by (a) the straight-line method, (b) the units-of-activity method, and (c) the double-declining-balance method. 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
   Year	Straight-Line Method		Units-of-Activity Method		Double-Declining- Balance Method
   Year 1	$fill in the blank 1		$fill in the blank 2		$fill in the blank 3
   Year 2	$fill in the blank 4		$fill in the blank 5		$fill in the blank 6
   Year 3	$fill in the blank 7		$fill in the blank 8		$fill in the blank 9
   Year 4	$fill in the blank 10		$fill in the blank 11		$fill in the blank 12
   Total	$fill in the blank 13		$fill in the blank 14		$fill in the blank 15

   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?