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eBook Deprecation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $37,530. The equipment was expected to have a useful life

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eBook Deprecation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $37,530. The equipment was expected to have a useful life of three years, or 8,100 operating hours, and a residual value of $1,000. The equipment was used for 1,500 hours during Year 1, 2,000 hours in Year 2. 2.400 hours in year, and 1.400 hours in Year 4 Required: Determine the amount of depreciation expense for the years ended December 31. Year 1 Year 2 Year, and Year 4 by (a) the straight line method (b) units of activity method, and (c) the double dedining-balance method Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. The round the answer for each year to the nearest whole dollar a. Straight line method Year Amount Year Year 2 $ Year 5 Year 4 b. Units-of-activity method Year Amount Year 1 Year 2 VA - > M Minik Won uses temning CengageNOWv2 Online teach X M Minik Won uses temning CengageNOWv2 Online teach X

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