hello I am struggling with this. Please do not give me the answers . I just want help with the steps along the way due to struggling with this topic! Thanks

Perdue Company purchased equipment on April 1, 2014, for $270,000. The equipment was expected to have a useful ife of three years, or 18,000 operating hours, and a residual value of $9,000. The equipment was used for 7500 hours in 2014, 5500 hours in 2015, 4000 hours in 2016 and 1000 hours in 2017. Complete the table below using the straight line method. 270,000-9,000 261,000 Year 2014 2015 2016 2017 Depr Expense 65,250 87,000 87,000 21,750 Accum Depr 65,250 152,250 239,250 261,000 Book Value 261,000/ 3 204,750 87000 * 9/12 117,750 87000* 3/12 30,750 9,000 8 7000 per year 65250 first year 21750 last year Look at the answers for Problem #1. (straight line answers for Perdue) Next respondent: complete the following Journal Entries Assume the company sells the equipment on Dec 31 2016 for $30,750 cash. Complete the journal entry. b Assume instead that the company sells the equipment on Dec 31 2016 for $25,000 cash. Complete the journal entry. Assume instead that the company sells the equipment on Dec 31 2016 for $45,000 cash. Complete the journal entry. notice sold in 2016!!! Account Debit Debit Credit