Delicious Fried Chicken bought equipment on January 2 2018 for $30,000. The equipment was expected to remain in service for four years and to operate for 6,000 hours. At the end of the equipment's useful life Delicious estimates that its residual value will be 50,000. The equipment operated for 600 hours the first year, 1.000 hours the second year, 2,040 hours the Pind year, and 1,320 hours the fourth year Read the movements prender the three depreciation methods: straight-line, units of production, and Requirements Requirement 1. Prepare a schedule of depreciation expen, m ed depreciation, and book yolue per year for the double declining balance. Show your computations. Note: Three depreciation schedules must be prepared Begin by preparing a depreciation schedule using the straight-line method Straight-Line Depreciation Schedule Depreciation for the Year Assot Deprecate U sul Depreciation Accu Book Date Cout Cout Expense Depreciation Value 1-2-2018 12-31-2018 12:31.2010 12-31-2020 12-31-2021 1. Prepare a schedule of depreca t ed depreciation, and book vol per year for the equipment under the three depreciation methods straight line, units of production and double declining bansaShow your comotions. The woods must be prepared 2. Which method tracks the wear and tear on the sumont most closely? Choose from any list or enter any number in the input fields and then click Check