On January 1, 2024, Canseco Plumbing Fixtures purchased equipment for $44,000. Residual value at the end of an estimated fourrear service llfe is expected to be $8,000. The company expects the equipment to operate for 20,000 hours. The equipment operated for 2,900 and 3,700 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 depreclation expense for 2024 and 2025 using units-of-production using houts operated. Complete this question by entering your answers in the tabs below. Calculate depreciation expense for 2024 and 2025 using straight-line method