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Dexter Industries purchased packaging equipment on January 8 for $ 9 0 1 , 6 0 0 . The equipment was expected to have a
Dexter Industries purchased packaging equipment on January for $ The equipment was expected to have a useful life of four 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 four years ending December by a the straightline method, b the unitsofactivity method, and c the doubledecliningbalance method. Also determine the total depreciation expense for the four years by each method. Round the answer for each year to the nearest whole dollar.
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