Exercise 7-10A Determine depreciation for the first year under three methods (L07-4) [The following information applies to the questions displayed below.) Super Saver Groceries purchased store equipment for $44,500. Super Saver estimates that at the end of its 10-year service life, the equipment will be worth $4,500. During the 10-year period, the company expects to use the equipment for a total of 10,000 hours. Super Saver used the equipment for 1,400 hours the first year. Required: Calculate depreciation expense of the equipment for the first year, using each of the following methods. (Do not round your intermediate calculations.) Exercise 7-10A Part 1 1. Straight-line. Depreciation expenso Question 2 - Ch 07 Ex 7-10-C X + cion.com/ext/map/index.html?_con con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252 Saved Required information Exercise 7-10A Determine depreciation for the first year under three methods (L07-4) [The following information applies to the questions displayed below.) Super Saver Groceries purchased store equipment for $44,500. Super Saver estimates that at the end of its 10-year service life, the equipment will be worth $4,500. During the 10-year period, the company expects to use the equipment for a total of 10,000 hours. Super Saver used the equipment for 1.400 hours the first year. Required: Calculate depreciation expense of the equipment for the first year, using each of the following methods. (Do not round your intermediate calculations.) Exercise 7-10A Part 2 2. Double-declining balance Depreciation expense Required information Exercise 7-10A Determine depreciation for the first year under three methods (L07-4) The following information applies to the questions displayed below) Super Saver Groceries purchased store equipment for $44,500. Super Saver estimates that at the end of its 10-year service life, the equipment will be worth $4.500. During the 10-year period, the company expects to use the equipment for a total of 10,000 hours. Super Saver used the equipment for 1,400 hours the first year. Required: Calculate depreciation expense of the equipment for the first year, using each of the following methods. (Do not round your intermediate calculations.) Exercise 7-10A Part 3 3. Activity-based 05 Depreciation expande