needs correction

On March 31, 2021, Canseco Plumbing Fixtures purchased equipment for $62,000. Residual value at the end of an estimated four-year service life is expected to be $6,000. The company expects the equipment to operate for 10,000 hours. The equipment operated for 3,800 and 4,600 hours in 2021 and 2022, respectively. Required: a. Calculate depreciation expense for 2021 and 2022 using straight-line method. b. Calculate depreciation expense for 2021 and 2022 using double-declining-balance method. c. Calculate depreciation expense for 2021 and 2022 using units-of-production using hours operated. Complete this question by entering your answers in the tabs below. Required Required Required A B C Calculate depreciation expense for 2021 and 2022 using straight-line method. Straight-Line Depreciation Choose - Annual Numerator: Choose Denominator: Depreciation Formula Beginning Book x Annual Value 1 Estimated Useful Life (years) Depreciation Amounts $ 56,000V 4V $ 14,000V Year Annual Depreciation X Fraction of Year Depreciation Expense 2021 14,000 X 9/17= 105,000X 2022 14,000 X 12/17= 14,000v