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Dericcistion by Three Methods, Partaal Yearw Perdue Company purchased equipment on April 1 for $65,070. The equipment was cxpected to have a useful life of

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Dericcistion by Three Methods, Partaal Yearw Perdue Company purchased equipment on April 1 for $65,070. The equipment was cxpected to have a useful life of three yoars, or 4,860 operating hours, and a. residual valiee of 51,890 . The equiprient was used for 900 hours during Year 1, 1,700 hours in Year 2, 1,500 hours in Year 3, and 760 hours in Year 4, Requiredt Determine the amaunt of depreciation expense for the years ended December 31, Year 1, Year 2; Year J, and Year 4, by (a) the straight-line meithod, (b) inits of activity method, and (c) the double-declining botance method. Note: FOR DECINING 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 b. Unita-of-activity method c. Double-declining-balance method

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