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Depreciation by three methods; partial years Layton Company purchased tool sharpening equipment on October 1 for $ 6 7 , 5 0 0 . The

Depreciation by three methods; partial years
Layton Company purchased tool sharpening equipment on October 1 for $67,500. The equipment was expected to have a useful life of 3 years operating hours, and a residual value of $1,890. The equipment was used for 900 hours during Year 1,1,700 hours in Year 2,1,500 hours in Yea 760 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-line met.
(b) the units-of-activity method, and (c) the double-declining-balance method.
Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nea whole dollar.
a. Straight-line method
\table[[Year,Amount],[Year 1,q,
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