Hearty 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. Hearty estimates that its residual value will be $6,000. The equipment operated for 1000 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 Straight Line Depreciation Schedule Depreciation for the Year Asset Depreciable Useful Depreciation Accumulated Book Date Cost Cost Expense Depreciation Value 1-2-2018 12.31-2018 12-31-2019 12-31-2020 12-31-2021 Depre ca 1. Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods: straight-line, units-of-production, and double-declining-balance. Show your computations. Note: Three depreciation schedules must be prepared. 2. Which method tracks the wear and tear on the equipment most closely