On January 1, 2024, Canseco Plumbing Fixtures purchased equipment for $42,000. Residual value at the end of an estimated four- year service life is expected to be $8,000. The company expects the equipment to operate for 10,000 hours. The equipment operated for 2,800 and 3,600 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 double-declining-balance method. Double-Declining-Balance Method Formula Amount for 2024 Amount for 2025 Choose Numerator: Beginning Book Value Choose Denominator: Double the Straight-line Rate Depreciation Expense Depreciation Expense %- 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 units-of-production using hours operated. Note: Round "Depreciation per hour" answers to 2 decimal places. Select formula for Units of Production Depreciation: Calculate 2024 depreciation expense: Depreciation per hour Operating hours in 2024 Depreciation in 2024 Calculate 2025 depreciation expense: Depreciation per hour Operating hours in 2025 Depreciation in 2025