Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $61,290. The equipment was expected to have a useful life of three years, or 5,940 operating hours, and a residual value of $1,890. 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 Year 1 Year 2 Year 3 Amount 14,850 19,800 19,800 4,950 Year 4 b. Units-of-output method Year Year 1 Year 2 Year 3 Amount 11,000 21,000 18,000 9,400 Year 4 c. Double-declining-balance method Year Year 1 Year 2 Year 3 Amount 30,645X 20,430 6,810 X Year 4 567.5 X Feedback