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Depreciation by three methods; partial yearsLayton Company purchased tool sharpening equipment on October 1 for $ 3 6 , 1 8 0 . The equipment
Depreciation by three methods; partial yearsLayton Company purchased tool sharpening equipment on October for $ The equipment was expected to have a useful life of years or operating hours, and a residual value of $ The equipment was used for hours during Year hours in Year hours in Year and hours in Year Required:Determine the amount of depreciation expense for the years ended December Year Year Year and Year by a the straightline method, b the unitsofactivity method, and c the doubledecliningbalance 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 Straightline methodYearAmountYear $fill in the blank Year $fill in the blank Year $fill in the blank Year $fill in the blank b Unitsofactivity methodYearAmountYear $fill in the blank Year $fill in the blank Year $fill in the blank Year $fill in the blank c Doubledecliningbalance methodYearAmountYear $fill in the blank Year $fill in the blank Year $fill in the blank Year $fill in the blank
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