On January 3, 2023. Xenex Innovations purchased computer equipment for $147,000 The equipment will be used in research and development activities for five years or a total of 10,000 hours and then sold for about $25,000. Assume actual usage in hours of Required: Calculate depreciation expense and book values for each year of the equipment's life for each method of depreciation using the table provided below. Xenex's year-end is December 31. (Do not round intermediate calculations.) Analysis Component: Which method will result in the greatest: a. Total assets being reported on the balance sheet in 2023 ? in 2026 ? b. Operating expenses being reported on the income statement in 2023 ? in 2026