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Mountain View Resorts purchased equipment at the beginning of 2024 for $33,000. Residual value at the end of an estimated toulyear service life is expected to be $6.400. The machine operated for 2.500 hours in the first year and the company expects the machine to operate for a total of 11,000 hours over its four-year life Required: Calculate depreciation expense for 2024, using each of the following depreciation methods: 1. Straight-line 2. Double-declining-balance 3. Activity-based (For all requirements, round your intermediate calculations to 2 decimal ploces.)