Comparing Three Depreciation Methods Waylander Coatings Company purchased waterproofino nint on anary 6 for $892.000. The equipment on espectad to have a unelul le of four years or 1.100 perating hour and art of $73.600. The equipment was used for 3.300 hours during Year 1. 2.700 hours in Year 2, 1,600 hours in Year 3 and 1.200 hours in Year 4. Required: 1. Determine the amount of depreciation expense for the years ended December 31, Year 1, Yeur 2. War 3, and Year 4. by (a) the straight line muthed, the units-*tty mathod, and the double declining balance method. Also determine the total depreciation espere for the four years by each method Hotel Round the anter for ach year to the nearest whole dollar Depreciation Expense Year Straight Line Method Units of Activity Method Year 1 Double Declining lalance Method Year 2 Sol 2. What method is the highest depreciation expanse for Year 1 3. What method yold the most depreciation over the year of the moment