On April 22, 2020, Blossom Enterprises purchased equipment for $130,100. The company expects to use the equipment for 11,000 working hours during its 4-year life and that it will have a residual value of $8,000. Blossom has a December 31 year end and pro- rates depreciation to the nearest month. The actual machine usage was: 1,200 hours in 2020; 2,600 hours in 2021; 4,000 hours in 2022; 2,500 hours in 2023; and 900 hours in 2024. Calculate depreciation expense for the life of the asset under straight-line method. (Round answers to 0 decimal places, e.g. 5,276.) Depreciation Expense 2020 $ 2021 $ 2022 $ 2023 $ 2024 $ Calculate depreciation expense for the life of the asset under double diminishing-balance method. (Round answers to 0 decimal places, e.g. 5,276.) Depreciation Expense 2020 $ 2021 $ 2022 $ 2023 $ e Textbook and Media Calculate a depreciation expense for the life of the asset under units-of-production method. (Round unit rate to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 5,276.) Depreciation Expense 2020 $ 2021 $ $ 2022 $ 2023 $ 2024 $ e Textbook and Media Which method results in the lowest profit over the life of the asset? Which method results in the least cash used for depreciation over the life of the asset? eTextbook and Media