Delicious Fried Chicken bought equipment on January 7, 2004 for $15.000 The equipment was expected to remain in service or four years and to operate for 2.400 hos Athend of the Decor Now will be $3,000. The agement operated for 240 houn the first year 720 hours the second year. $0 hours the year and 480 hours the South year. Read the rest Requirement Preschede of depreciation expense accused nation and book value per year for the qument under the three decreciation method whine units of production and outlining balance show your computation Mode Three depreciation schedules must be prepared Begin by preparing a depreciation schedule ning teine method Straight-Line Depreciation Schedule Depreciation for the Year Asset Depreciable U Depreciation Accumulated Book Date Cost Cost Expense Depreciation 1-2-2024 1231-2024 12-31-2025 12-31-2026 - 12-31-2027 Before calculating the production depreciation schedule calculate the depreciation expense perunt. Select the formula, then the amounts and calculate the depreciation expense per Direction en Prepare a depreciation schedule of production method OBRE Prepare a depreciation schedule using the units-of-production method. Units-of-Production Depreciation Schedule Depreciation for the Year Asset Depreciation Number of Depreciation Accumulated Date Cost Per Unit Units Expense Depreciation Book Value 1-2-2024 12-31-2024 X 12-31-2025 x 12-31-2026 X 12-31-2027 x Prepare a depreciation schedule using the double-declining-balance (DDB) method. (Enter a "0" for any items with a zero value.) Double-Declining-Balance Depreciation Schedule Depreciation for the Year Asset Book DDB Depreciation Accumulated Date Cost Value Rate Expense Depreciation Book Value 1-2-2024 12-31-2024 X 12-31-2025 X 12-31-2026 12-31-2027 Requirement 2. Which method tracks the wear and tear on the equipment most closely? The method tracks wear and tear most closely