Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $19,980. The equipment was expected to have a useful life of three years, or 4,320 operating hours, and a residual value of $540. The equipment was used for 800 hours during Year 1, 1,500 hours in Year 2, 1,300 hours in Year 3, and 720 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. Snipping Tool X a. Straight-line method New D Mode - Delay X Cancel Options Year Amount Select the snip mode using the Mode button or click the New button. Year 1 $ Year 2 $ Snipping Tool is moving... Year 3 $ Year 4 $ In a future update, Snipping Tool will be moving to a new home. Try improved features and snip like usual with Snip & Sketch (or try the shortcut Windows logo key + Shift +S). b. Units-of-activity method Year Amount Try Snip & Sketch Year 1 $ Year 2 $ Year 3 $ Year 4 c. Double-declining-balance method Year Amount Year 1 $ Year 2 $ Year 3 $ Year 4 $