On January $1,2024,$ Canseco Plumbing Fixtures purchased equipment for $$46,000.$ Residual value at the end of an estimated fouryear service life is expected to be $$4,000.$ The company expects the equipment to operate for $12,000$ hours. The equipment operated for $3,000$ and $3,800$ hours in $2024$ and $2025,$ respectively.

Required:

a$.$ Calculate depreciation expense for $2024$ and $2025$ using straight$-$line method.

b$.$ Calculate depreciation expense for $2024$ and $2025$ using double$-$declining$-$balance method.

c$.$ Calculate depreciation expense for $2024$ and $2025$ using units$-$of$-$production using hours operated.

Complete this question by entering your answers in the tabs below.

Required $A$

Required B

Required C

Calculate depreciation expense for $2024$ and $2025$ using straight$-$line method.

$\backslash$table$[[$Straight$-$Line Depreciation$],[,$Choose Numerator:,$,$Choose Denominator:,$=,$Annual Depreciation,$],[$Formula$,,,=,$Annual Depreciation,,$],[$Amounts$,,,=,,,],[,$Annual Depreciation,,,,,$],[2024,,,,,,]]$