Monte's Coffee Company purchased packaging equipment on January 5, 2014 , for $90,000. The equipment was expected to have a useful lite of three hours, and a residual value of $6,00. The equipment was used for 8,900 hours during 2014, 7,100 hours in 2015, and 4,000 hours in 2016 Required: of depreciation expense for the years ended December 31, 2014, 2015, and 2016 by (a) the straight-line method, (o) the and (c) the double-declining-balance Also method.(Note: For DECLINING BALANCE ONLY round the answer for each year to the nearest whole dolilar) balance method. Also determine the total depreclation expense for the three years by each 2. What method yields the highest depreclation expense for 2014 3. What method yields the most depreciation over the three-year life of the equipment? Check My Work Previous Next 2