On April 22, 2020, Wildhorse Enterprises purchased equipment for $139,600. The company expects to use the equipment for 12,000 working hours during its 4-year life and that it will have a residual value of $16,000, Wildhorse has a December 31 year end and pro-rates depreciation to the nearest month. The actual machine usage was: 1,900 hours in 2020; 2,500 hours in 2021: 4,000 hours in 2022:2,600 hours in 2023; and 1.200 hours in 2024. Calculate depreciation expense for the life of the asset under straight-line method. (Round answers to decimal places, eg. 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 O decimal places, e.g. 5,276.) Depreciation Expense $ 2020 2021 $ 2022 $ 2023 $ Calculate a depreciation expense for the life of the asset under units-of-production method. (Round unit rate to 2 decimal places, eg. 2.25 and final answers to decimal places, eg,5,276.) Depreciation Expense 2020 $ 2021 $ 2022 $ 2023 $ 2024 $ Question Part Score Which method results in the lowest profit over the life of the asset? Question Part Score Which method results in the least cash used for depreciation over the life of the asset