Deccion by Three Mode; Twistys Pere Company provimentos October 1 for $54. HO The equament was acted to have a www years, 7.000 perting out 31.740 Teen for 100 hours during Year 1, 2.700 hours Year 2.2.300 hours in Year 3 and 1.200 Bursa Required: Determine the amount of depreciation expense for the years and Dec Year 1 Y 2 Year 3 ord Year by the states, to the unit dat method (the second method Hotel Round all final values for each depreciation method and each year to the nearest hou dolls Straight-in method Year Amount Years Year b. Units-ofvity method Year Amount llll Year Note: Round all inal values for each depreciation method and each year to the nearest whole dollar a. Straight line method Year Amount Year 1 Year 2 Year Yeara b. Units-of-activity method Year Amount Year 1 Year 2 Year 3 Year 4 c. Double-dedining-balance method Year Amount Year 1 Year 2 Year 3 Year 4 Depreciation by Three Methods: Partial Years Perdue Company purchased equipment on October 1 for $54,940. The equipment was expected to have a useful life of three years, or 7,600 orating hours, and a residual value of $1,740. The equipment was used for 1,400 hours during Year 1, 2,700 hours in Year 2, 2,300 hours in Year), and 1,200 hours in Year 4. Required: 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 we method, (b) the units of activity method, and (c) the double-declining balance method. Note: Round all final values for each depreciation method and each year to the nearest Whole dollar