NARE Albert Babaen PR 9-2A Comparing three depreciation methods 0 Dexter Industries purchased packaging equipment on January 8 for $72,000. The equipment expected to have a useful life of three years, or 18,000 operating hours, and a residual va $4,500. The equipment was used for 7,600 hours daring Year 1, 6,000 hours in Year 2, and 4 hours in Year 3. Instructions 1. Determine the amount of depreciation expense for the three years ending December by (a) the straight-line method, (b) the units of activity method, and (c) the double-dedim balance method. Also determine the total depreciation expense for the three years by each method STRACHT EAR H Units of Activity DELING BALANCE #2 +3 Total