On January 1, Year 1, a company purchased equipment. The detalls of the equipment purchase are below. 17. Required: 1. Based on the information above, calculate Depreciation Expense, Accumulated Depreciation and the Book Value of the 13 equipment, as well as the journal entry for depreciation in Year 3 : (a) Using the Straight-line method (b) Using the Double-Declining-Balance method (c) Using the Activity-Based method Required: 1. Based on the information aboye, calculate Depreciation Expense, Accumulated Depreciation and the Book Value of the equipment, as well as the journal entry for depreclation in Year 3 : (a) Using the Straight-line method (b) Using the Double-Declining-Balance method (c) Using the Activity-Based method Requirement 1 (a): Straight-Line Method (Use cells A2 to B15 from the given information above to complete this question.) Adjusting entry for depreciation in Year 3: Requirement 1(b): Double-Declining-Balance Method (Use cells A2 to 815 from the given information above to complete this question. Hint: Recall that the double-declining-balance rate is double the straight-line rate [ =2 (1/useful life)]. Be sure to include a reference to the useful life, cell B6, in your formula for depreciation expense. Your formula for depreciation expense should ensure that book value does not go below estimated residual value.) Adjusting entry for depreciation in Year 3: Requirement 1(c): Activity-Based Method (Use cells A2 to 615 from the given information above to complete this question. Hint Recall that the activity-based depreciation rate. depreciable cost / total estimated units. Be sure to include a reference to estimated units, cell 87, in your formula for depreciattori experse Your formula for depreciation expense stould ensufe that book value does not go below estimated residual value.)