Delicious Fried Chicken bought equipment on January 2, 2024, for $27,000. The equipment was expected to remain in service for four years and to operato for 4, hours the first year, 1260 hours the second year 1680 hours the third year, and 840 hours the fourth year Read the requirements Requirement 1. Prepare a schedule of depreciation expenso, accumulated depreciation and book valuo per year for the equipment under the three depreciation prepared Begin by preparing a depreciation schedule using the straight line method Straight-Line Depreciation Schedule Depreciation for the Year Asset Depreciable Useful Depreciation Accumulated Book Date Cost Cost Life Expense Depreciation Value 1-2 2024 12:31 2024 12:31 2025 12.31 2026 12-31 2027 Barvice for four years and to operate for 4 200 hours At the end of the equipments useful life, Delicious estimates that its residual value will be 55.000 The equipment operated for 620 the equipment under the three depreciation methods straight units of production, and double decining balance Show your computations Nolo Twoprocation scheme Clear Check answer Sury 44 IV