Comparing Three Depreciation Methods Waylander Coatings Company purchased waterproofing equipment on January 6 for $9.42,600. The equipment was expected to have a useful life of four years, or 9,200 perating hours, and a residual vaion of $72,800. The equipment was used for 3,500 pours during your 1, 2,000 hours in year 2, 1,700 hours in Year 3, and 1.100 hours In Year 4 Required: 1. Determine the amount of depreciation expense for the year ended December 31, Year 1 Year Year 3, and Year , by (a) the strene method (b) the outout method, and (c) the double declining balance method, Alto determine the total depreciation expense for the four years by each method Note: POIL DECLINING BALANCE ONLY, round the multiplier to four decimal place. Then round the answer for each year to the nearest whole dollar Depreciation Expense Year Straight-Line Method Units-of-Output Method Double-Declining Balance Method Vera 2. What method is this highest depreciation expense for Year 17 Double declining-balance method 3. What method is the most depreciation over the four years of the equipment? All three depreciation methods