Mountainview Resorts purchased equipment for $40,000. Residual value at the end of an estimated four-year service life is expected to be $8,000. The machine operated for 2.200 hours in the first year and the company expects the machine to operate for a total of 10,000 hours over its four year life Calculate depreciation expense for the first year using each of the following depreciation methods: (1) straight-line, (2) double-declining- balance, and (3) activity-based TTT Arial 3 (12pt) T Words:0 Path