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Depreciation by three methods; partial years Perdue Company purchased equipment on April 1 for $ 7 1 , 0 1 0 . The equipment was

Depreciation by three methods; partial years
Perdue Company purchased equipment on April 1 for $71,010. The equipment was expected to have a useful life of 3 years, or 8,100 operating hours, and a residual value of $2,160. The equipment was used for 1,500 hours during Year 1,2,800 hours in Year 2,2,400 hours in Year 3, and 1,400 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
b. Units-of-activity method
c. Double-declining-balance
etermine 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-ofhethod, 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 do
a. Straight-line method
b. Units-of-activity method
c. Double-declining-balance method method
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