Deprecate by Three Methods; Partial Years Layton Company purchased to sharpening equipment on October 1 for $39,960. The equipment was expected to have a useful life of three years or 6,480 operating hours, and arusaal of 1,000. The equipment was used for 1,200 hours during Year 1,2,300 hours in Year 2, 1,900 hours in Year, and 1,080 bouts in Year 4 Required: Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year , and year, o cay the role in manos, (h) the its of activity methoil, and come out doctrinae method Note: FOR DECLINING BALANCE ONLX round the multipler to four decimal places. Then found the rower for each year to the nearest whole dollar a. Straight-Ine method Year Amount Year 1 Year 2 Year 3 Year 4 h. Uits-of-activity method Year Amount Year 1 Year 2 Year 3 Year 4 Double-declining balance method Year Amount Year 1 Year 2 Year Year 4