Instructions: Complete the attached worksheetsfor Straight Line, Units of Production, and Double-Declining Balance methods. Basic Data Equipment Cost 220,000 Residual value 15,000 Usefullife-years 4 Useful life -hours 40,000 Hours operated Yr 1 10,750 11,250 Yr 2 Yr 3 10,000 Yr 4 8,000 40,000 Straight Line Depreciation Beginning Accum. Depr Ending BV Year BV Expense 1 2 Units of Production Depreciation Accum Expense Beginning Rate per hour Ending Year Hours operated BV Depr BV 1 2 3 4 Double-Declining Balance Depreciation Accum. Depr Ending Beginning Year DDB Rate BV Expense BV 1 2 3 4