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Hawaiian Specialty Foods purchased equipment for $28,660. Residual value at the end of an estimated six- year service life is expected to be $2,500. The

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Hawaiian Specialty Foods purchased equipment for $28,660. Residual value at the end of an estimated six- year service life is expected to be $2,500. The machine operated for 2,600 hours in the first year, and the company expects the machine to operate for a total of 10,900 hours. Calculate depreciation expense for the first year using each of the following depreciation methods: (1) straight-line, (2) double-declining-balance, and (3) activity-based. (Do not round intermediate calculations. Round your answers to the nearest dollar amount. Omit the "S sign in your response.) Depreciation Expense (1) Straight-line (2) Double-declining-balance (3) Activity-based

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