Homework Problem 1 Depreciation Miller Coatings Company purchased waterproofing equipment on Janu equipment was expected to have a useful life of four years, or 8,000 of value of $36,000. The equipment was used for 3,000 hours during 202 hours in 2022, and 1,100 hours in 2023. Using the depreciation template and following the examples given con carrying value for the waterproofing equipment for each of the 4 year: methods: 1 - straight-line method, 2 - the units of production method and 3 - the double dedining balance method