Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $58,050. The equipment was expected to have a useful life of three years, or 5,940 operating hours, and a residual value of $1,620. 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 mthod Year Amount Year 1 14,107.5 Year 2 14,107.5 x Year 3 14,107,5 x Year 4 14,107.5 X b. Units-of-output method Year Amount Year 1 10,450 Year 2 19,950 Year 3 17,100 Year 4 930 X c. Double-declining-balance method i Year Amount Year 1 29,025 X Year 2 19,350 Year 3 6,450 Year 4 1,605 x Check My Work Previous All work saved. Save and Exit Submit Assignment for Grading MacBook