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Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $42,930. 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 $42,930. The equipment was expected to have a useful life of three years, or 5,940 operating hours, and residual value of $1.350. The quement was used for 1,100 hours during Year 1, 2,100 hours in Year 2, 1,800 hours in Year 3, and 940 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) units-of-put method, and (cthe double dedining 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 13,863 Year 2 b. Uits-of-output method 7.700 Year 1 $ 14,700 Year 2 12.000

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