On January 1, 2022 Swan Corporation purchased a vehicle for $80,000, with a salvage value of $6,000. The expected life of the asset is 8 years. The forecasted hours of the asset is 5,000 hours. Required: Record the journal entries for years 1 through 8 for the following: (a) straight-line depreciation (b) double-declining depreciation (c) units-of-output