Depreciation by three methods; partial years

Perdue Company purchased equipment on April $1$ for $$55,620.$ The equipment was expected to have a useful life of $3$ years, or $4,320$ operating hours, and a residual value of $$1,620.$ The equipment was used for $800$ hours during Year $1,1,500$ hours in Year $2,1,300$ hours in Year $3,$ and $720$ 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 method, $($b$)$ the units$-$of$-$activity method, and $($c$)$ the double$-$declining$-$balance method.

Note: FOR DECLINING BALANCE ONLY, round the final multiplier to four decimal places. Then, round the answer for each year to the nearest whole dollar.

a$.$ Straight$-$line method

Year Amount

Year $1$ $fill in the blank $1$

$13,500$

Year $2$ $fill in the blank $2$

$18,000$

Year $3$ $fill in the blank $3$

$18,000$

Year $4$ $fill in the blank $4$

$4,500$

b$.$ Units$-$of$-$activity method

Year Amount

Year $1$ $fill in the blank $5$

$10,000$

Year $2$ $fill in the blank $6$

$18,750$

Year $3$ $fill in the blank $7$

$16,250$

Year $4$ $fill in the blank $8$

$9,000$

c$.$ Double$-$declining$-$balance method

Year Amount

Year $1$ $fill in the blank $9$

$27,810$

Year $2$ $fill in the blank $10$

$18,540$

Year $3$ $fill in the blank $11$

$6,180$

Year $4$ $fill in the blank $12$Depreciation by three methods; partial years

Perdue Company purchased equipment on April $1$ for $$55,620.$ The equipment was expected to have a useful life of $3$ years, or $4,320$ operating hours, and a residual value of $$1,620.$ The equipment was used for $800$ hours during Year $1,1,500$ hours in Year $2,1,300$ hours in Year $3,$ and $720$ 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 method, $($b$)$ the units$-$of$-$activity method, and $($c$)$ the double$-$declining$-$balance method.

Note: FOR DECLINING BALANCE ONLY, round the final multiplier to four decimal places. Then, round the answer for each year to the nearest whole dollar.

a$.$ Straight$-$line method

Year Amount

Year $1$ $fill in the blank $1$

$13,500$

Year $2$ $fill in the blank $2$

$18,000$

Year $3$ $fill in the blank $3$

$18,000$

Year $4$ $fill in the blank $4$

$4,500$

b$.$ Units$-$of$-$activity method

Year Amount

Year $1$ $fill in the blank $5$

$10,000$

Year $2$ $fill in the blank $6$

$18,750$

Year $3$ $fill in the blank $7$

$16,250$

Year $4$ $fill in the blank $8$

$9,000$

c$.$ Double$-$declining$-$balance method

Year Amount

Year $1$ $fill in the blank $9$

$27,810$

Year $2$ $fill in the blank $10$

$18,540$

Year $3$ $fill in the blank $11$

$6,180$

Year $4$ $fill in the blank $12$