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Alemvirent: Comparing Three Depreciation Methods Waytander Coatings Convany purchased waterprooting equipment on Jonuary 6 for 3711,600 , The equipment was expected to hime a ineful life of four years, or 9 ,600 operating hours, and a residual value of $58,800. The equipment was used for 3,600 hours during Year 1,3,000 hours in Year 2,1,700 hours in Yeat 3 , and 1,300 hours in Yean 4 . Required: 1. Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4 , by (a) the straight-line method, (b) the units-of-activiti) method, and (c) the double-declining-balance method. Also determine the total depreciation expense for the four years by each method. Note: Round the answer for each year to the nearest whole dollar. 2. What method yields the highest deprecation expense nor vear ar