Compute Depreciation Equipment purchased at the beginning of the fiscal year for $3,600,000 is expected to have a useful life of 10 years, or 140,000 operating hours (1st year 13000 hours, 2nd 21000, 3rd 15000, 4th 12000, 5th 9000, 6th 7000, 7th 8000, 15000, 8th 10000, 9th 14000, and 10th 16000). The residual value of the equipment is $100,000. Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods. Show your computations. Note: Three depreciation schedules must be prepared. straight-line units-of-production declining-balance at twice the straight-line rate