Exercise 11-6 Sheridan Company purchased equipment for $262,880 on October 1, 2017. It is estimated that the equipment will have a useful life of 8 years and a salvage value of $14,880. Estimated production is 40,000 units and estimated working hours are 20,100. During 2017, Sheridan uses the equipment for 530 hours and the equipment produces 1 final answers to 0 decimal places, e.g. 45,892.) (a) Straight-ine method for 2017 (b) Activity mvethod (unts of output) for 2017 1,100 units depreciation expense under each of the following methods. Sheridan is on a calendar-year basis ending December 31. (Round rate per hour and rate per unit to 2 decimal places,e.g.5.35 and (c) Activity method (working hours) for 201 (d) Sum-of-the-years-digits method for 2019 (e) Double-declining-balance method for 2018 Click if you woold like to Show Work for this question: Qpen Show Wac