Exam 4 Review Problems I. Calculate depreciation under all three methods using the following information: Asset Cost: Residual Value: Useful Life: Total Operating Hours: $100,000 $10,000 5 years 50,000 hours S/LIo0100o -10,00 Hours the asset was used in each of the four years: houts hours Depreciation Expense Double Units ofDeclining Balance Straight-line Productio Method Year Method Method 060 3 s t0 000 #150,00 11000001 Total for 5 yrs