depreciation by three methods; partial years

Purdue company purchased equipment on April 1 for $105,030. Equipment was expected to have a useful life of three years, or 7560 operating hours, and a residual value of $2970. The equipment was used for 1400 hours during your one, 2600 hours in year two, $2300 in year three, and 1260 hours in year four.

determine the amount of depreciation expense for the years ended December 31, year one, year two, year three, and year four, 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 Year 2 Year 3 Year c. Double-declining balance method Year Amount Year Year 2 Year Ver Previous Check My Work 5 more Check My Work uses remaining hop