Golden Fried Chicken bought equipment on January 2, 2018, for $36,000. The equipment was expected to remain in service for four years and to operate for 10,000 hours. At the end of the equipment's useful life, Golden estimates that its residual value will be $6,000. The equipment operated for 1,000 hours the first year, 3,000 hours the second year, 4,000 hours the third year, and 2.000 hours the fourth year Read the requirements Requirement 1. Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three deprecation methods straight-line, units-of-production, and double-declining-balance. Show your computations Note Three depreciation schedules must be prepared Begin by preparing a depreciation schedule using the straight-line method Straight-Line Depreciation Schedule Depreciation for the Year Asset Depreciable Useful Date Cost Cost Life Depreciation Accumulated Expense Depreciation Book Value 1-2-2018) 36000 12-31-2018 36000 12-31-2019 12:31-2020 12-31-2021