Hearty Fried Chicken bought equipment on January 2,2024,10r$27,000. The equipment was expected to remain in service for four years and to operate for 5,250 hours. At the end of the equipment's useful life, Hearty estimates that its residual vakie will be $6,000. The equipment operated for 525 hours the first year, 1,575 hours the second year, 2,100 hours the third year, and 1,050 hours the fourth year: Read the requirements. Requirement 1. Prepare a schedule of deprociation expense, accumulafed depreciation, and book value per year for the equipment under the three depreciation methods: straightfine, units-of-production, and double-declining-balance. Show your computations. Note: Three depreciation schedules must be prepared Begin by preparing a depreciabon schedule using the straight-line method. Requirements 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