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Depreciation by Three Methods: Partial Years Perdue Company purchased equipment on April 1 for $97,470. 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 $97,470. The equipment was expected to have a useful life of three years, or 7,560 operating hours, and a residual value of $2,970. The equipment was used for 1,400 hours during Year 1, 2,600 hours In Year 2, 2,300 hours in Year 3, and 1,260 hours in Year 4. Required: Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2Year 3, and Year 4, by (a) the straight- line method, (b) units-of-activity 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 method Year Amount Year 1 Year 2 Year 3 Year 4 b. Units-of-activity method Year Amount Year 1 Yan Year 1 Year 2 Year 3 Year 4 b. Units-of-activity method Year Amount Year 1 Year 2 Year 3 Year 4 C. Double-declining balance method Year Amount Year 1 Year 2 Year 3 Year 4

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