1. Depreciation by Three Methods; Partial Years

   Perdue Company purchased equipment on April 1 for $48,870. The equipment was expected to have a useful life of three years, or 5,940 operating hours, and a residual value of $1,350. The equipment was used for 1,100 hours during Year 1, 2,100 hours in Year 2, 1,800 hours in Year 3, and 940 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) units-of-output 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 nearest whole dollar.

   a. Straight-line method

   Year	Amount
   Year 1	$
   Year 2	$
   Year 3	$
   Year 4	$

   b. Units-of-output method

   Year	Amount
   Year 1	$
   Year 2	$
   Year 3	$
   Year 4	$

   c. Double-declining-balance method

   Year	Amount
   Year 1	$
   Year 2	$
   Year 3	$
   Year 4	$