Papa's Fried Chicken bought equipment on January 2, 2018, for $18,000. The equipment was expected to remain in service for four years and to operate for 3,750 hours At the end of the equipment's useful life, Papa's estimates that its residual value will be $3,000. The equipment operated for 375 hours the first year, 1.125 hours the second year, 1 500 hours the third year and 750 hours the fourth year. Read the requirements Requirement 1. Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods straight-line, units-of-production and double declining balance. Show your computations. Note Three depreciation schedules must be prepared Begin by preparing a depreciation schedule using the straight-line method Primat Sahadula Asset Depreciable Useful Accumulated Book Date Cost Depreciation Expense Cost Life Depreciation Value 12 2018 12 31-2018 12 31-2019 12-31 2020 F 11 Chonse from an lictor