eBook Depredation by Three Methods: Partial Years Perdue Company purchased equipment on April 1 for $58,680. The equipment was expected to have a useful life of three years, or 8,100 operating hours, and a residual value of $1,980. The equipment was used for 1,500 hours during Year 1, 2,800 hours in Year 2, 2,400 hours in Year 3, 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 3, and Year 4, by (a) the straight line method, (b) the units-of-activity method, and (c) the double-declining balance method. Note: Round all final values for each depreciation method and each year to the nearest whole dollar a. Straight line method Year Amount Year 1 Year 2 Year 3 Year 4 b. Units-of-activity method Year Amount Year 1 Year 2 Year 3 Year 1 Year 2 Year 3 Year 4 b. Units-of-activity method Year Amount Year 1 Year 2 Year 3 Year 4 C. Double-declining balance method Year Amount Year 1 Year 2 Year 3 Year 4 Feedback Check My Work