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Depreciation by three methods; partial years Perdue Company purchased equipment on April 1 for $30,510. The equipment was expected to have a useful life of

Depreciation by three methods; partial years

Perdue Company purchased equipment on April 1 for $30,510. The equipment was expected to have a useful life of 3 years, or 5,400 operating hours, and a residual value of $810. The equipment was used for 1,000 hours during Year 1, 1,900 hours in Year 2, 1,600 hours in Year 3, and 900 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

Year Amount
Year 1 $fill in the blank 1
Year 2 $fill in the blank 2
Year 3 $fill in the blank 3
Year 4 $fill in the blank 4

b. Units-of-activity method

Year Amount
Year 1 $fill in the blank 5
Year 2 $fill in the blank 6
Year 3 $fill in the blank 7
Year 4 $fill in the blank 8

c. Double-declining-balance method

Year Amount
Year 1 $fill in the blank 9
Year 2 $fill in the blank 10
Year 3 $fill in the blank 11
Year 4 $fill in the blank 12

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