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Depreciation by Three Methods: Partial Years Perdue Company purchased equipment on April 1 for $39,960, The equipment was expected to have a useful life of

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Depreciation by Three Methods: Partial Years Perdue Company purchased equipment on April 1 for $39,960, The equipment was expected to have a useful life of three years, or 6,480 operating hours, and a resident value of $1,080. The equipment was used for 1,200 hours during Year 1, 2,300 hours In Year 2, 1.900 hours in Year 3, and 1.000 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 toe method, (a) 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 Amount Year 1 9,720 Year 2 12,960 Year 3 12,960 Year 4 3,240 b. Units-of-activity method Year Amont 7,200 Year 1 Year 2 13,800 Year 3 11,400 6,480 Year 4 c. Double-declining-balance method Year Amount Noe > Year Check My Work Save and Submit Asment for Grading Email instructor 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 u 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 Amount Year 1 9,720 Year 2 12,960 Year 3 12,960 Year 4 3,240 b. Units-of-activity method Year Amount Year 1 7,200 Year 2 13,800 Year 3 11,400 Year 4 6,480 c. Double-declining-balance method Year Amount Year 1 Year 2 Year 3 Year 4

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