Comparing Three Depreciation Methods Dexter Industries purchased packaging equipment on January it for $130,000. The equipment was expected to have a che of four years, 4.000 perating hours, and are $10,800. The equipment was used for 1,680 hours during Year 1, 1.00 hours in Year), 1344 hours in year, and 7 hours in year Required: 1. Determine the amount of depreciation expense for the four years ending December by the straight the method, (bthe activity method, and to the oldedineb method. Also determine the total depredation expense for the four years by sad method. Hound 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 Year Total 2. What method vields the highest depreciation expense for Year 12 Double declining balance method 3. What method yields the most deprecation over the four year life of the equipment? All three depreciation methods >