eBookShow Me HowComparing ThreeDepreciationMethodsDexter Industries purchased packaging equipment on January for

$ The equipment was expected to have a useful life of three

years, or operating hours, and aresidual valueof

$ The equipment was used for hours during Year

hours in Year and hours in Year

Required:

Determine the amount of depreciation 

 

expense for the three years ending December Year Year

Year by a thestraightline method, b

theunitsofactivity method, and c

thedoubledecliningbalance method. Also determine the total

depreciation expense for the three years by each method.Note: For all methods, round the answer for each year to the

nearest whole dollar

What method yields the highest 

 

depreciation expense for Year

 What method yields the most depreciation over the threeyear 

 

life of the equipment?