Comparing Three Depreciation Methods Waylander Coatings Company purchased waterproofing equipment on January 6 for $320,000. The equipment was expected to have a useful We of four years, or 20,000 operating hours, and a residual value of $35,000 The equipment was used for 7,200 hours during Year 1, 6,400 hours in Year 2, 4,400 hours in Year 3, and 2,000 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 af sitivity method, and (c) the double-dechiring-tsatanicu 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 whoie dollar Depreciation expense Straight-Line Method Units-of-Activity Method Double-Declining-Balance Method Year Year Year 2 Year Year 4 Total 2. What method is the highest depreciation pense for Year 11 Double-declininy-balance method 3. What method is the most depreciation over the four year life of the equipment? All three depreciation methods Book Show Me How Widmer Company had gross wages of $286,000 during the week ended June 17. The amount of wages subject to social security tax was $257,400, while the amount of wages subject to federal and state unemployment taxes was $36,000. Tax rates are as follows: Social security 6.0% Medicare 1.5% State unemployment 5.3% Federal unemployment 0.8% The total amount withheld from employee wages for federal taxes was $57,200 If an amount box does not require an entry, leave it blank. a. Journalize the entry to record the payroll for the week of June 17. b. Journalize the entry to record the payroll tax expense incurred for the week of June 17 Julio