Compuring Three Depreciation Methods Waylander Coatings Comgany purchased waterproofing equipment on lanuary 6 for $680,200. The equipment was expected to have a useful life of four years, or to,400 operating hours, and a residual value of $56,200. The equipment was used for 4,000 hours during Year 1,3,200 hours in Year 2,1,900 hours in Year 3 , and 1,300 hours in Year 4. Rlequiredt 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 straighit-line method, (b) the units-of-activity methiod, and (c) the double-declining-balanoe method. Also determine the total depreciation expense for the four years by each merhod. Note: Aound the answer for each year to the nearest whole dollar. 3 3. What method viclde the most depreciation over the fourvear hifo of the equipmens