1. Comparing Three Depreciation Methods

   Waylander Coatings Company purchased waterproofing equipment on January 6 for $252,000. The equipment was expected to have a useful life of four years, or 6,800 operating hours, and a residual value of $20,800. 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:

   1. 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-of-activity method, and (c) the double-declining-balance method. Also determine the total depreciation expense for the four years by each method. Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then 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		$			$			$
   Total		$			$			$

   2. What method yields the highest depreciation expense for Year 1?

   3. What method yields the most depreciation over the four-year life of the equipment?