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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

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 3 years, or 5,400 operating hours, and a residual value of $1,890. The equipment was used for 1,000 hours during Year 1, 1,900 hours in Year 2, 1,600 hours in Year 3, and 900 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 Year 1 Year 2 Year 3 Year 4 b. Units-of-activity method Year Year 1 Year 2 Amount Amount
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Depredation by three methods; partial years: Perdue Company purchased equipment on Aprit 1 for $61,290. The equipment was expected to have a useful life of 3 years, or $,400 operating hours, and a residual value of $1,890. The equipment was used for 1,000 hours during Year 1,1,900 hours in Year 2, 1,600 hours in Year 3, and 900 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 DECIINING BALANCE ONLY, round the final multiplier to four decimal ploces. Then, round the answrer for each year to the nearest whole dollar. a. Straight-line method b. Units-of-activity method b. Units-of-activity method c. Double-declining-balance method

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