I need help with this assignment on Depreciation.

the instruction is in red font. Thank you.

Jesse's Widgets purchased new equipment for a total amednt of $460,000. The equipment is expected to last 8 years and have a residual/scrop/solvage wafue of $12,000 at the end of that life. Usage of the equipment is tracked in mochine hours and the equipment in tatal is expected ta last 62 , 000 hours. though they ended up exceeding that number in the find year. Ready Accessibility:Investigate2