DEXTER INDUSTRIES Determine the Depreciation Expense for the 1st & 2nd year using Units of Activity Method & Double-Declining-Balance Method.( you are submitting 4 $ amounts total )

PR 10-2A. Comparing Three Depreciation Methods Obj. 2 Dexter Industries purchased packaging equipment on January 8 for $72,000. The equipment was expected to have a useful life of three years, or 18,000 operating hours, and a residual value of $4,500. The equipment was used for 7,600 hours during Year 1, 6,000 hours in Year 2, and 4,400 hours in Year 3. INSTRUCTIONS