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Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $54,030. The equipment was expected to have a useful life of

Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $54,030. The equipment was expected to have a useful life of three years, or 7,500 operating hours, and a residual value of $1,530. The equipm was used for 1,400 hours during Year 1, 2,600 hours in Year 2, 2,300 hours in Year 3, and 1,200 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 dedining balance method. Note: Round all final values for each depreciation method and each year to the nearest whole dollar. a. Straight-line method Year Year 1 Year 21 Year 3 Year 4 b. Units-of-activity method Year Year 1 Amount Amount Year 2 Year 3 Year 4 Double-dedining-balance method Year Amount a. Straight-line method Year Year 1 Year 2 Year 3 Year 4 b. Units-of-activity method Year Year 1 Year 2 Year 3 Year 4 Amount Amount 10000 0000 10000 c. Double-declining-balance method Year Year 1 Year 2 Year 3 Year 4

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