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needing help asap!!! please someone help due tonight 1. PR.09-03.ALGO (Algorithmic) Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for

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needing help asap!!! please someone help due tonight
1. PR.09-03.ALGO (Algorithmic) Depreciation by Three Methods; Partial Years Perdue Company purchased equipment on April 1 for $48.870. The equipment was expected to have a useful for three years, or 4,320 operating hours, and a residual value of $1,350. The equipment was used for 800 hours during Year 1, 1,500 hours in Year 2, 1,300 hours in Year 3, and 720 hours in Year 4. Required: Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4 by (a) the straight-line method, (b) units-of-output method, and (c) the double-declining-balance method. Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nearest whole dollar. a. Straight-line method 48,800-1,350 -15,840 Year Amount Year 1 $ Year 2 $ 15.80 Year 3 $ 16.840 Year 4 $ b. Units-of-output method Year Amount Year 1 $ Year 2 $ Year 3 $ Year 4 $ c. Double-declining-balance method Year Amount Year 1 $ Year 2 $ Year 3 $ Year 4 $

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