Comparing Three Depreciation Methods

Waylander Coatings Company purchased waterproofing equipment on January $6$ for $$585,600.$ The equipment was expected to have a useful life of four years, or $6,800$ operating hours, and a residual value of $$48,400.$ The equipment was used for $2,600$ hours during Year $1,2,100$ hours in Year $2,1,200$ hours in Year $3,$ and $900$ hours in Year $4.$

Required:

Determine the amount of depreciation expense for the years ended December $31,$ Year $1,$ Year $2,$ Year $3,$ and Year $4,$ by $($a$)$ the straight$-$line method, $($b$)$ the units$-$ofactivity method, and $($c$)$ the double$-$declining$-$balance method. Also determine the total depreciation expense for the four years by each method.

Note: Round the answer for each year to the nearest whole dollar.

Depreciation Expense

$\backslash$table$[[$Year$,$Straight$-$Line Method,Units$-$of$-$Activity Method,Double$-$Declining$-$Balance Method$],[$Year $1,$$$,$$$,$$