Dester Industries purchased packaging equipment on January 8 for $111.200. The equipment was expected to have a useful life of three years, or 20,000 operating hours, and a real vabes of $7,200 during Year 1, 7,300 hours in Year 2, and 3.960 hours in Year 3 Required 1. Delemine amount of depreciation expense for the three years ended December 31 by (a) the straight the method the nofamethod, and (c) the double desining balance method Also determine the total depreciation expense for the three years by ach method (Note For STRAIGHT-LINE ONLY, round the first two years to the nearest whole dollar than round the third year as necessary For DECLINING BALANCE ONLY round the mutiplier to five decimal places. Then round the answer for each year to the nearest whole dole) 2. What method yields the highest depreciation expense for Year 1 1. What method yields the most depreciation over the three-year Me of the equipment? equipment was used for 8.000 hours