On April 8, 2006, Brighton Park purchased a Ferris Wheel for $400,000. The estimated life of the Ferris Wheel was 10 years, with an estimated residual value of $80,000. The service life in terms of output is estimated at 40,000 hours of operation. Compute the depreciation expense on this Ferris Wheel for each of the years 2006 and 2007 ONLY using the various methods shown on the excel attachment. NOT FOR TEN YEARS Straight-line (with half-year convention) For 2006 2007 200%-declining-balance (with half-year convention) 2006 2007 150%-declining-balance (with half-year convention) 2006 2007 Units-of-output method (hours of operation: 2006 2007 (2,400 in 2006, 5,000 in 2007) Straight-line (with depreciation calculated to the 2006 2007 nearest whole month)