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Equipment purchased at the beginning of the fiscal year for $150,000 is expected to have a useful life of 5 years, or 15,000 operating hours,

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Equipment purchased at the beginning of the fiscal year for $150,000 is expected to have a useful life of 5 years, or 15,000 operating hours, and a residual value of $30,000. Compute the depreciation for the first and second years of use by each of the following methods: straight-line units-of-production (2, 500 hours first year; 3, 250 hours second year) declining-balance at twice the straight-line rate (Round the answer to the nearest dollar.)

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